REalloys (NASDAQ:ALOY) Stock Price Down 11% - Here's What Happened

Key Points

• REalloys shares fell 11% to about $13.11 in Monday trading, with volume roughly 56% below the stock’s average daily volume.
• Analyst sentiment remains mixed but leans positive: the consensus rating is “Moderate Buy,” with an average price target of $16, although Needham lowered its target from $19 to $16.
• The company reported a quarterly loss of $0.59 per share on just $0.80 million in revenue, alongside deeply negative profitability metrics including a 5,145.12% net margin.

REalloys Inc (NASDAQ:ALOY - Get Free Report)'s share price traded down 11% on Monday . The stock traded as low as $12.81 and last traded at $13.1050. Approximately 806,016 shares traded hands during mid-day trading, a decline of 56% from the average daily volume of 1,836,893 shares. The stock had previously closed at $14.72.

Wall Street Analysts Forecast Growth

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 report on Thursday, June 18th. Wall Street Zen raised shares of REalloys from a "sell" rating to a "hold" rating in a research note on Saturday, August 8th. Finally, Needham & Company LLC decreased their price objective 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 equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $16.00.

REalloys Trading Down 8.0%

The firm has a market cap of $931.21 million, a PE ratio of -4.30 and a beta of 1.36. The firm has a 50 day moving average price of $12.42 and a 200-day moving average price of $11.96.

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

Institutional Investors Weigh In On REalloys

Institutional investors have recently modified their holdings of the company. Geode Capital Management LLC lifted its holdings in REalloys by 5.7% during the 4th quarter. Geode Capital Management LLC now owns 26,267 shares of the company's stock worth $213,000 after buying an additional 1,422 shares during the last quarter. State of Wyoming acquired a new position in shares of REalloys during the 2nd quarter worth about $47,000. Legal & General Group Plc purchased a new position in shares of REalloys in the 2nd quarter valued at about $80,000. Quantbot Technologies LP purchased a new position in shares of REalloys in the 2nd quarter valued at about $132,000. Finally, Pekin Hardy Strauss Inc. acquired a new stake in shares of REalloys during the 4th quarter worth about $81,000. 3.58% of the stock is owned by hedge funds and other institutional investors.

About REalloys

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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