Real Matters (TSE:REAL) Trading Down 0.6% – Time to Sell?

Real Matters Inc. (TSE:REAL) dropped 0.6% on Tuesday . The company traded as low as C$5.06 and last traded at C$5.11. 12,736 shares traded hands during trading, a decline of 81% from the average session volume of 66,221 shares. The stock had previously closed at C$5.14.

Wall Street Analysts Forecast Growth

REAL has been the topic of a number of recent research reports. BMO Capital Markets dropped their price target on Real Matters from C$7.00 to C$6.00 and set a “market perform” rating on the stock in a research report on Monday, May 4th. Raymond James Financial decreased their price objective on Real Matters from C$9.00 to C$8.25 and set an “outperform” rating for the company in a report on Monday, May 4th. Finally, National Bank Financial lowered their price objective on shares of Real Matters from C$7.50 to C$6.50 and set a “sector perform” rating for the company in a research note on Wednesday, May 27th. Four research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of C$8.38.

Real Matters Trading Up 1.0%

The company has a current ratio of 111.56, a quick ratio of 3.75 and a debt-to-equity ratio of 1.41. The stock has a market capitalization of C$379.61 million, a P/E ratio of -15.03, a price-to-earnings-growth ratio of -59.18 and a beta of 1.62. The company has a 50-day moving average price of C$5.33 and a 200 day moving average price of C$5.86.

Real Matters (TSE:REAL) last posted its earnings results on Friday, May 1st. The company reported C$0.01 earnings per share (EPS) for the quarter. The company had revenue of C$65.68 million for the quarter. Real Matters had a negative return on equity of 26.40% and a negative net margin of 13.58%. On average, research analysts forecast that Real Matters Inc. will post 0.1956803 earnings per share for the current fiscal year.

About Real Matters

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.