89,134 Shares in REalloys Inc $ALOY Purchased by Dayah Capital LLC

Key Points

• Dayah Capital LLC acquired 89,134 REalloys shares during the second quarter, valued at approximately $1.29 million. The position represented about 0.4% of the fund’s portfolio and 0.13% of REalloys’ outstanding shares.
• REalloys reported a quarterly loss of $0.59 per share on $0.80 million in revenue, alongside sharply negative profitability metrics. Institutional investors collectively owned 3.58% of the company.
• Analyst sentiment remains mixed but leans positive: the consensus rating is “Moderate Buy” with a $16 price target, compared with shares opening at $12.16.

Dayah Capital LLC acquired a new position in REalloys Inc (NASDAQ:ALOY - Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 89,134 shares of the company's stock, valued at approximately $1,288,000. REalloys makes up approximately 0.4% of Dayah Capital LLC's investment portfolio, making the stock its 17th biggest position. Dayah Capital LLC owned 0.13% of REalloys at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of ALOY. State of Wyoming acquired a new position in shares of REalloys during the 2nd quarter worth approximately $47,000. Legal & General Group Plc acquired a new stake in shares of REalloys in the second quarter valued at approximately $80,000. Quantbot Technologies LP bought a new stake in shares of REalloys in the second quarter valued at approximately $132,000. Pekin Hardy Strauss Inc. bought a new stake in shares of REalloys in the fourth quarter valued at approximately $81,000. Finally, Corient Private Wealth LLC acquired a new stake in REalloys during the second quarter worth approximately $62,000. Institutional investors own 3.58% of the company's stock.

REalloys Stock Up 9.6%

Shares of ALOY opened at $12.16 on Wednesday. The stock has a market cap of $838.92 million, a PE ratio of -3.85 and a beta of 1.35. REalloys Inc has a 12-month low of $5.64 and a 12-month high of $26.90. The business has a 50-day simple moving average of $12.15 and a two-hundred day simple moving average of $11.98.

REalloys (NASDAQ:ALOY - Get Free Report) last announced its quarterly earnings results on Thursday, August 13th. The company reported ($0.59) EPS for the quarter. REalloys had a negative net margin of 5,145.12% and a negative return on equity of 192.93%. The firm had revenue of $0.80 million for the quarter.

Analysts Set New Price Targets

A number of research firms have commented on ALOY. Weiss Ratings upgraded REalloys from a "sell (e)" rating to a "sell (d-)" rating in a research note on Thursday, June 18th. Needham & Company LLC cut their target price on REalloys from $19.00 to $16.00 and set a "buy" rating for the company in a research report on Wednesday, July 22nd. Finally, Wall Street Zen lowered REalloys from a "hold" rating to a "sell" rating in a report on Saturday. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, REalloys currently has a consensus rating of "Moderate Buy" and a consensus target price of $16.00.

REalloys Profile

REalloys Inc operates as a rare earth metals and permanent magnet company in North America. The company produces rare earth metals, such as neodymium, praseodymium, dysprosium, terbium, samarium, gadolinium, yttrium, and scandium; and magnets, such as NdFeB Magnets, SmFe12 Magnets, and MnBi Magnets. The company was founded in 2024 and is headquartered in Euclid, Ohio.

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