Somewhat Positive Press Coverage Somewhat Unlikely to Affect Real Industry (RELY) Share Price
Press coverage about Real Industry (NASDAQ:RELY) has trended somewhat positive this week, Accern reports. The research firm identifies positive and negative news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Real Industry earned a media sentiment score of 0.18 on Accern’s scale. Accern also gave media coverage about the financial services provider an impact score of 44.3811046907037 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
RELY has been the topic of a number of analyst reports. Zacks Investment Research cut Real Industry from a “buy” rating to a “hold” rating in a research note on Wednesday, October 11th. B. Riley reiterated a “buy” rating and set a $5.00 price objective on shares of Real Industry in a research note on Thursday, November 9th.
Shares of Real Industry (NASDAQ:RELY) opened at $0.43 on Monday. Real Industry has a 12 month low of $0.23 and a 12 month high of $6.70. The company has a current ratio of 0.55, a quick ratio of 0.32 and a debt-to-equity ratio of -0.30.
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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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