REalloys (NASDAQ:ALOY) Stock Price Down 5.9% - Here's What Happened

Key Points

• REalloys shares fell 5.9% to $11.44 in mid-day trading, with volume down 42% from the average session.
• Analyst views were mixed: Wall Street Zen downgraded the stock to “sell,” while Needham maintained a “buy” rating but cut its price target to $16. The consensus rating remains “Moderate Buy,” with an average target of $16.
• The company reported a quarterly loss of $0.59 per share on $0.80 million in revenue, alongside deeply negative profitability metrics. Institutional investors and hedge funds own 3.58% of the stock.

REalloys Inc (NASDAQ:ALOY - Get Free Report) shares were down 5.9% during mid-day trading on Wednesday . The company traded as low as $11.44 and last traded at $11.44. 1,087,594 shares were traded during mid-day trading, a decline of 42% from the average session volume of 1,872,708 shares. The stock had previously closed at $12.16.

Wall Street Analysts Forecast Growth

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

REalloys Price Performance

The company has a market cap of $789.25 million, a PE ratio of -3.62 and a beta of 1.35. The stock's 50-day moving average is $12.15 and its 200 day moving average is $11.98.

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

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. State of Wyoming acquired a new stake in REalloys in the second quarter worth about $47,000. Corient Private Wealth LLC purchased a new position in shares of REalloys in the 2nd quarter valued at approximately $62,000. Legal & General Group Plc purchased a new position in shares of REalloys in the 2nd quarter valued at approximately $80,000. Pekin Hardy Strauss Inc. acquired a new stake in REalloys in the 4th quarter worth approximately $81,000. Finally, Quantbot Technologies LP acquired a new stake in REalloys in the 2nd quarter worth approximately $132,000. 3.58% of the stock is owned by institutional investors and hedge funds.

REalloys Company 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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