REalloys (NASDAQ:ALOY) Stock Rating Upgraded by Wall Street Zen

REalloys (NASDAQ:ALOY) was upgraded by investment analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research report issued on Saturday, Wall Street Zen reports.

Several other equities analysts have also commented on the company. Needham & Company LLC lowered their price objective on REalloys from $19.00 to $16.00 and set a “buy” rating for the company in a research report on Wednesday, July 22nd. Weiss Ratings raised shares of REalloys from a “sell (e)” rating to a “sell (d-)” rating in a research report on Thursday, June 18th. One 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. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $16.00.

REalloys Stock Performance

Shares of NASDAQ:ALOY opened at $10.10 on Friday. REalloys has a 52-week low of $5.92 and a 52-week high of $26.90. The firm has a market capitalization of $701.14 million, a P/E ratio of -3.20 and a beta of 1.37. The stock has a 50 day moving average price of $11.10 and a 200-day moving average price of $11.96.

REalloys (NASDAQ:ALOY) last released its earnings results on Thursday, August 13th. The company reported ($0.59) EPS for the quarter. The firm had revenue of $0.80 million during the quarter. REalloys had a negative net margin of 5,145.12% and a negative return on equity of 192.93%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in ALOY. BlackRock Inc. bought a new stake in REalloys in the second quarter worth $61,089,000. Dayah Capital LLC purchased a new stake in shares of REalloys in the second quarter worth $1,288,000. Legacy Wealth Managment LLC ID purchased a new stake in shares of REalloys in the second quarter worth $4,987,000. Deutsche Bank AG bought a new position in shares of REalloys during the second quarter valued at $818,000. Finally, Quantbot Technologies LP bought a new position in shares of REalloys during the second quarter valued at $132,000. 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.