Real Matters (TSE:REAL) Trading 0.2% Higher – Should You Buy?

Real Matters Inc. (TSE:REAL) shares shot up 0.2% on Monday . The company traded as high as C$6.33 and last traded at C$6.26. 65,178 shares were traded during mid-day trading, a decline of 48% from the average session volume of 125,942 shares. The stock had previously closed at C$6.25.

Wall Street Analysts Forecast Growth

Separately, BMO Capital Markets upped their price objective on shares of Real Matters from C$6.00 to C$7.00 in a research report on Monday, November 24th. Four analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of C$8.75.

Real Matters Trading Down 0.3%

The business’s fifty day moving average is C$6.44 and its 200-day moving average is C$6.64. The company has a debt-to-equity ratio of 2.56, a quick ratio of 3.75 and a current ratio of 91.91. The firm has a market cap of C$453.15 million, a P/E ratio of -15.64, a price-to-earnings-growth ratio of -59.18 and a beta of 1.26.

Real Matters (TSE:REAL) last announced its quarterly 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 during the quarter. Real Matters had a negative net margin of 16.23% and a negative return on equity of 28.43%. Analysts predict that Real Matters Inc. will post 0.1956803 EPS for the current 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.