Real Matters (TSE:REAL) Shares Up 14.6% – Should You Buy?

Real Matters Inc. (TSE:REAL) shares were up 14.6% on Monday . The stock traded as high as C$7.22 and last traded at C$7.13. Approximately 106,734 shares traded hands during trading, a decline of 14% from the average daily volume of 124,444 shares. The stock had previously closed at C$6.22.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the stock. BMO Capital Markets lifted their price objective on shares of Real Matters from C$6.00 to C$7.00 in a report on Monday, November 24th. National Bankshares lifted their price target on Real Matters from C$5.75 to C$7.00 and gave the company a “sector perform” rating in a research note on Thursday, October 23rd. Four analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, Real Matters presently has an average rating of “Moderate Buy” and an average price target of C$8.75.

Real Matters Stock Performance

The company has a 50-day simple moving average of C$6.30 and a two-hundred day simple moving average of C$6.48. The company has a quick ratio of 3.75, a current ratio of 4.68 and a debt-to-equity ratio of 2.27. The firm has a market cap of C$537.84 million, a PE ratio of -18.56, a PEG ratio of -59.18 and a beta of 1.51.

Real Matters (TSE:REAL) last announced its earnings results on Thursday, January 29th. The company reported C($0.07) earnings per share (EPS) for the quarter. The business had revenue of C$63.87 million for the quarter. Real Matters had a net margin of 3.31% and a return on equity of 5.23%. As a group, equities research analysts forecast that Real Matters Inc. will post 0.1956803 earnings per share for the current year.

Real Matters Company Profile

Real Matters Inc is a Canadian network management services provider for the mortgage lending and insurance industries. The company’s platform combines proprietary technology and network management capabilities with tens of thousands of independent qualified field agents. Its operating segment includes U.S. Appraisal; U.S. Title and Canada. The company generates maximum revenue from the U.S. Appraisal segment. Its U.S. Appraisal segment provides residential mortgage appraisals for purchase, refinance, and home equity transactions through its Solidifi brand.