Somewhat Positive Media Coverage Somewhat Unlikely to Impact Real Industry (RELY) Stock Price
Media headlines about Real Industry (NASDAQ:RELY) have been trending somewhat positive on Thursday, according to Accern Sentiment Analysis. Accern identifies positive and negative media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Real Industry earned a media sentiment score of 0.17 on Accern’s scale. Accern also assigned news articles about the financial services provider an impact score of 46.439277791532 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Several equities analysts have issued reports on the company. Zacks Investment Research downgraded Real Industry from a “buy” rating to a “hold” rating in a research report on Wednesday, October 11th. B. Riley reissued a “buy” rating and issued a $5.00 target price on shares of Real Industry in a research note on Tuesday, August 15th.
Real Industry (NASDAQ RELY) traded up 3.12% during midday trading on Thursday, hitting $1.65. The stock had a trading volume of 279,674 shares. The company has a 50-day moving average of $1.85 and a 200-day moving average of $1.85. The stock’s market cap is $47.86 million. Real Industry has a 1-year low of $1.55 and a 1-year high of $6.70.
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Real Industry Company Profile
Real Industry, Inc is a holding company. The Company focuses on the operations of Real Alloy Holding, Inc (Real Alloy), which is engaged in aluminum recycling. The Company’s segments include Real Alloy North America (RANA) and Real Alloy Europe (RAEU). The RANA segment includes aluminum melting, processing, recycling and alloying activities conducted in approximately 20 facilities located in the United States, Canada and Mexico.
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