Real Matters Inc (TSE:REAL) shares reached a new 52-week low during trading on Wednesday . The company traded as low as C$7.23 and last traded at C$7.27, with a volume of 69423 shares traded. The stock had previously closed at C$7.50.
Separately, Scotiabank decreased their price target on Real Matters from C$13.00 to C$12.00 and set a “sector perform” rating on the stock in a research note on Wednesday, November 29th. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of C$13.83.
The firm has a market cap of $647.40 and a P/E ratio of -18.27.
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Real Matters Company Profile
Real Matters Inc develops and provides 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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