Real Matters (TSE:REAL) Stock Price Up 0.4% - Should You Buy?

Key Points

• Real Matters shares were up about 0.4% in mid-day trading to C$5.57 (intraday high C$5.70) on light volume—~57,055 shares, down 44% from its average daily volume.
• BMO Capital Markets raised its target from C$6.00 to C$7.00; the street consensus is a "Moderate Buy" with four Buys, one Hold, and an average target of C$8.75.
• The company shows weak fundamentals: quarterly EPS of C($0.07), a negative net margin of -16.23% and ROE of -28.43%, a negative P/E ratio, C$413.8M market cap and a debt-to-equity ratio of 2.56.

Real Matters Inc. (TSE:REAL - Get Free Report)'s share price rose 0.4% during mid-day trading on Monday . The stock traded as high as C$5.70 and last traded at C$5.57. Approximately 57,055 shares changed hands during mid-day trading, a decline of 44% from the average daily volume of 101,183 shares. The stock had previously closed at C$5.55.

Wall Street Analysts Forecast Growth

Separately, BMO Capital Markets increased their target price on shares of Real Matters from C$6.00 to C$7.00 in a research report on Monday, November 24th. Four research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, Real Matters presently has an average rating of "Moderate Buy" and an average target price of C$8.75.

Real Matters Stock Up 0.4%

The stock has a market cap of C$413.78 million, a PE ratio of -14.28, a P/E/G ratio of -59.18 and a beta of 1.22. The business has a 50 day moving average of C$6.39 and a 200-day moving average of C$6.59. The company has a current ratio of 91.91, a quick ratio of 3.75 and a debt-to-equity ratio of 2.56.

Real Matters (TSE:REAL - Get Free Report) last issued its quarterly earnings data 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%. Equities research analysts predict that Real Matters Inc. will post 0.1956803 EPS 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.

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