Real Matters Inc (TSE:REAL)’s share price hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as C$7.23 and last traded at C$7.27, with a volume of 69423 shares. The stock had previously closed at C$7.50.

Separately, Scotiabank lowered their price target on Real Matters from C$13.00 to C$12.00 and set a “sector perform” rating on the stock in a report on Wednesday, November 29th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of C$13.83.

The stock has a market capitalization of $647.40 and a price-to-earnings ratio of -18.27.

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About Real Matters

Real Matters Inc develops and provides network management solutions to mortgage lending and insurance industries in Canada and the United States. It offers residential mortgage appraisals for purchase, refinance, and home equity mortgage origination transactions under the Solidifi brand to the mortgage industry; and insurance inspection services to property and casualty insurers under the iv3 brand.

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