Shares of REalloys Inc (NASDAQ:ALOY – Get Free Report) saw unusually-strong trading volume on Monday . Approximately 1,030,498 shares traded hands during trading, a decline of 11% from the previous session’s volume of 1,153,777 shares.The stock last traded at $11.1810 and had previously closed at $9.16.
Analyst Ratings Changes
Several equities research analysts have recently weighed in on ALOY shares. Weiss Ratings upgraded REalloys from a “sell (e-)” rating to a “sell (e)” rating in a research report on Monday. Wall Street Zen upgraded REalloys from a “sell” rating to a “hold” rating in a research report on Sunday, March 8th. Needham & Company LLC assumed coverage on REalloys in a research report on Monday. They set a “buy” rating and a $19.00 price target on the stock. Finally, Clear Str raised REalloys to a “strong-buy” rating in a report on Wednesday, April 8th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $19.00.
Get Our Latest Stock Report on ALOY
REalloys Stock Up 5.9%
REalloys (NASDAQ:ALOY – Get Free Report) last posted its quarterly earnings data on Tuesday, May 19th. The company reported ($1.98) earnings per share for the quarter, missing the consensus estimate of ($0.02) by ($1.96). The company had revenue of $0.71 million during the quarter, compared to the consensus estimate of $0.60 million. REalloys had a negative return on equity of 382.09% and a negative net margin of 4,326.08%.
Insider Buying and Selling at REalloys
In related news, insider Gust Kepler sold 62,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $12.89, for a total value of $799,180.00. Following the transaction, the insider directly owned 414,218 shares in the company, valued at approximately $5,339,270.02. This represents a 13.02% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 20.10% of the company’s stock.
Institutional Trading of REalloys
Hedge funds and other institutional investors have recently bought and sold shares of the company. Corient Private Wealth LLC purchased a new stake in REalloys in the second quarter worth approximately $62,000. Pekin Hardy Strauss Inc. purchased a new stake in REalloys in the fourth quarter worth approximately $81,000. Canton Hathaway LLC purchased a new stake in REalloys in the fourth quarter worth approximately $95,000. Geode Capital Management LLC boosted its stake in REalloys by 5.7% in the fourth 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 in the last quarter. Finally, Franklin Resources Inc. purchased a new stake in REalloys in the fourth quarter worth approximately $741,000. Hedge funds and other institutional investors own 3.58% of the company’s stock.
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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