Real Matters (TSE:REAL) Stock Price Up 0.2% – Here’s Why

Real Matters Inc. (TSE:REAL) shares rose 0.2% during trading on Monday . The stock traded as high as C$6.33 and last traded at C$6.26. Approximately 65,178 shares traded hands during trading, a decline of 48% from the average daily volume of 125,942 shares. The stock had previously closed at C$6.25.

Wall Street Analyst Weigh In

Separately, BMO Capital Markets lifted their target price on Real Matters from C$6.00 to C$7.00 in a research note on Monday, November 24th. Four investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of C$8.75.

Real Matters Price Performance

The company has a quick ratio of 3.75, a current ratio of 91.91 and a debt-to-equity ratio of 2.56. The company has a 50 day simple moving average of C$6.43 and a 200-day simple moving average of C$6.64. The stock has a market cap of C$465.04 million, a price-to-earnings ratio of -16.05, a PEG ratio of -59.18 and a beta of 1.26.

Real Matters (TSE:REAL) last issued its quarterly earnings results on Thursday, January 29th. The company reported C($0.07) earnings per share for the quarter. The firm had revenue of C$63.87 million during the quarter. Real Matters had a negative net margin of 16.23% and a negative return on equity of 28.43%. As a group, research analysts anticipate that Real Matters Inc. will post 0.1956803 EPS for the current fiscal year.

Real Matters Company Profile

Real Matters is a leading network management services provider for the mortgage lending and insurance industries. Real Matters’ platform combines its proprietary technology and network management capabilities with tens of thousands of independent qualified field professionals to create an efficient marketplace for the provision of mortgage lending and insurance industry services. Our clients include top 100 mortgage lenders in the U.S. and some of the largest banks and insurance companies in Canada.