Real Matters (TSE:REAL) Hits New 12-Month High at $6.66

Real Matters Inc (TSE:REAL) hit a new 52-week high during mid-day trading on Monday . The company traded as high as C$6.66 and last traded at C$6.58, with a volume of 12357 shares trading hands. The stock had previously closed at C$6.38.

A number of equities research analysts recently issued reports on the company. Raymond James lifted their target price on Real Matters from C$6.00 to C$7.00 and gave the company an “outperform” rating in a research report on Friday, May 3rd. Cormark raised Real Matters from a “market perform” rating to a “buy” rating and boosted their price target for the stock from C$6.00 to C$7.00 in a research report on Friday, May 3rd. TD Securities boosted their price target on Real Matters from C$6.00 to C$7.50 and gave the stock a “buy” rating in a research report on Friday, May 3rd. Canaccord Genuity boosted their price target on Real Matters from C$6.00 to C$7.00 in a research report on Friday, May 3rd. Finally, BMO Capital Markets boosted their price target on Real Matters from C$5.00 to C$6.50 in a research report on Monday, May 6th.

The stock has a market capitalization of $557.35 million and a price-to-earnings ratio of -128.46. The company has a quick ratio of 6.40, a current ratio of 6.46 and a debt-to-equity ratio of 0.03.



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About Real Matters (TSE:REAL)

Real Matters Inc develops and provides technology and 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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