REalloys (NASDAQ:ALOY) Trading Down 7.1% - Here's What Happened

Key Points

• REalloys shares fell 7.1% to $8.86 in mid-day trading, with about 1.51 million shares changing hands—19% below average volume.
• Analyst sentiment remains mixed but leans positive: the stock has a “Moderate Buy” consensus and a $16 average price target, though Needham recently cut its target from $19 to $16.
• The company reported a $0.59 quarterly loss per share on $0.80 million in revenue, alongside sharply negative profitability metrics including a 5,145.12% net margin.

REalloys Inc (NASDAQ:ALOY - Get Free Report)'s stock price traded down 7.1% during mid-day trading on Thursday . The company traded as low as $8.88 and last traded at $8.86. Approximately 1,511,571 shares changed hands during trading, a decline of 19% from the average session volume of 1,858,019 shares. The stock had previously closed at $9.54.

Analyst Ratings Changes

Several research firms recently commented on ALOY. Wall Street Zen upgraded shares of REalloys from a "sell" rating to a "hold" rating in a report on Saturday, September 5th. Weiss Ratings raised shares of REalloys from a "sell (e)" rating to a "sell (d-)" rating in a research note on Thursday, June 18th. Finally, Needham & Company LLC reduced their target price on shares of REalloys from $19.00 to $16.00 and set a "buy" rating on the stock in a report on Wednesday, July 22nd. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, REalloys has an average rating of "Moderate Buy" and an average target price of $16.00.

REalloys Price Performance

The business's 50-day moving average price is $10.82 and its 200 day moving average price is $11.92. The firm has a market capitalization of $617.49 million, a price-to-earnings ratio of -2.82 and a beta of 1.37.

REalloys (NASDAQ:ALOY - Get Free Report) last released its quarterly earnings results on Thursday, August 13th. The company reported ($0.59) earnings per share 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.

Institutional Investors Weigh In On REalloys

Institutional investors have recently made changes to their positions in the company. Integrated Wealth Concepts LLC bought a new stake in shares of REalloys in the 2nd quarter worth approximately $31,000. State of Wyoming acquired a new stake in REalloys in the second quarter worth $47,000. Legal & General Group Plc acquired a new stake in REalloys in the second quarter worth $80,000. Quantbot Technologies LP bought a new stake in REalloys in the second quarter valued at $132,000. Finally, Sequoia Financial Advisors LLC bought a new stake in REalloys in the second quarter valued at $144,000. 3.58% of the stock is currently owned by institutional investors.

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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