Wall Street Zen Downgrades REalloys (NASDAQ:ALOY) to Sell

REalloys (NASDAQ:ALOY – Get Free Report) was downgraded by equities researchers at Wall Street Zen from a “hold” rating to a “sell” rating in a research note issued on Saturday.

Other analysts also recently issued reports about the stock. Weiss Ratings upgraded shares of REalloys from a “sell (e)” rating to a “sell (d-)” rating in a research report on Thursday, June 18th. Clear Str upgraded shares of REalloys to a “strong-buy” rating in a report on Wednesday, April 8th. Finally, Needham & Company LLC lowered their price objective on shares of REalloys from $19.00 to $16.00 and set a “buy” rating on the stock in a research note on Wednesday, July 22nd. One equities 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. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $16.00.

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REalloys Price Performance

Shares of NASDAQ ALOY opened at $7.03 on Friday. REalloys has a fifty-two week low of $5.64 and a fifty-two week high of $26.90. The firm’s 50-day simple moving average is $12.37 and its 200 day simple moving average is $11.99. The stock has a market cap of $483.52 million, a P/E ratio of -2.41 and a beta of 1.31.

REalloys (NASDAQ:ALOY – Get Free Report) last posted its quarterly earnings data on Wednesday, May 20th. 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 analyst estimates of $0.60 million. REalloys had a negative return on equity of 382.09% and a negative net margin of 4,326.08%.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Franklin Resources Inc. acquired a new position in REalloys during the fourth quarter worth about $741,000. Geode Capital Management LLC raised its position 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 acquiring an additional 1,422 shares in the last quarter. Pekin Hardy Strauss Inc. acquired a new stake in REalloys in the 4th quarter valued at about $81,000. Canton Hathaway LLC acquired a new stake in REalloys in the 4th quarter valued at about $95,000. Finally, Corient Private Wealth LLC acquired a new stake in REalloys in the 2nd quarter valued at about $62,000. Institutional investors own 3.58% of the company’s stock.

About REalloys

(Get Free Report)

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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