REalloys (NASDAQ:ALOY - Get Free Report) was upgraded by equities research analysts at Wall Street Zen from a "sell" rating to a "hold" rating in a research note issued on Saturday.
ALOY has been the topic of a number of other research reports. Needham & Company LLC cut 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. Weiss Ratings upgraded shares of REalloys from a "sell (e)" rating to a "sell (d-)" rating in a report on Thursday, June 18th. One research 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 company's stock. According to data from MarketBeat.com, REalloys has a consensus rating of "Moderate Buy" and an average price target of $16.00.
View Our Latest Stock Report on ALOY
REalloys Stock Up 14.8%
Shares of ALOY opened at $12.27 on Friday. The stock has a market capitalization of $843.93 million, a P/E ratio of -4.20 and a beta of 1.35. The firm has a fifty day simple moving average of $12.35 and a two-hundred day simple moving average of $11.92. REalloys has a twelve month low of $5.64 and a twelve month high of $26.90.
REalloys (NASDAQ:ALOY - Get Free Report) last issued its quarterly earnings data on Wednesday, May 20th. The company reported ($1.98) earnings per share for the quarter, missing analysts' consensus estimates of ($0.02) by ($1.96). REalloys had a negative return on equity of 382.09% and a negative net margin of 4,326.08%.The business had revenue of $0.71 million during the quarter, compared to the consensus estimate of $0.60 million.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently modified their holdings of ALOY. BlackRock Inc. bought a new stake in REalloys in the 2nd quarter worth about $61,089,000. Bank of New York Mellon Corp bought a new position in REalloys during the 2nd quarter valued at about $2,294,000. Franklin Resources Inc. purchased a new stake in shares of REalloys during the 4th quarter valued at about $741,000. Deutsche Bank AG purchased a new position in shares of REalloys during the second quarter valued at approximately $818,000. Finally, Geode Capital Management LLC lifted its position in REalloys by 5.7% during the fourth quarter. Geode Capital Management LLC now owns 26,267 shares of the company's stock valued at $213,000 after purchasing an additional 1,422 shares during the period. 3.58% of the stock is owned by institutional investors.
About REalloys
(
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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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