Real Matters (TSE:REAL) Reaches New 52-Week High at $8.08

Shares of Real Matters Inc (TSE:REAL) hit a new 52-week high during trading on Tuesday . The company traded as high as C$8.08 and last traded at C$8.05, with a volume of 38775 shares. The stock had previously closed at C$7.80.

A number of analysts recently commented on the company. National Bank Financial raised their price target on Thomson Reuters from C$90.00 to C$95.00 and gave the stock an “outperform” rating in a research note on Thursday, July 25th. Raymond James set a $60.00 price target on Banner and gave the stock a “buy” rating in a research note on Friday, May 3rd. Canaccord Genuity set a $23.00 price target on Zymeworks and gave the stock a “buy” rating in a research note on Friday, May 3rd. BMO Capital Markets lowered Iamgold from an “outperform” rating to a “market perform” rating in a research report on Monday, May 6th. Finally, TD Securities lowered their price objective on TRANSAT AT from C$15.00 to C$11.00 and set a “hold” rating for the company in a research report on Friday, May 3rd.

The company has a debt-to-equity ratio of 0.03, a current ratio of 6.46 and a quick ratio of 6.40. The firm’s fifty day simple moving average is C$7.43. The company has a market cap of $676.35 million and a PE ratio of -155.96.

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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