REalloys (NASDAQ:ALOY) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of REalloys (NASDAQ:ALOY) from a sell rating to a hold rating in a research note released on Sunday.

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of REalloys in a research report on Wednesday, January 21st. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, REalloys presently has an average rating of “Sell”.

REalloys Price Performance

Shares of REalloys stock opened at $17.77 on Friday. The firm’s fifty day simple moving average is $12.74 and its 200-day simple moving average is $9.46. REalloys has a 12 month low of $2.56 and a 12 month high of $26.90. The stock has a market capitalization of $79.61 million, a price-to-earnings ratio of -15.19 and a beta of 1.45.

REalloys (NASDAQ:ALOY) last announced its earnings results on Monday, February 23rd. The company reported ($0.40) earnings per share for the quarter. The business had revenue of $0.63 million for the quarter. REalloys had a negative return on equity of 96.75% and a negative net margin of 182.07%.

Institutional Investors Weigh In On REalloys

Several institutional investors have recently modified their holdings of ALOY. Corient Private Wealth LLC acquired a new stake in shares of REalloys in the 2nd quarter worth approximately $62,000. Pekin Hardy Strauss Inc. acquired a new position in shares of REalloys during the 4th quarter worth approximately $81,000. Canton Hathaway LLC acquired a new stake in REalloys during the 4th quarter valued at $95,000. Geode Capital Management LLC grew its holdings in REalloys by 5.7% during the 4th quarter. Geode Capital Management LLC now owns 26,267 shares of the company’s stock valued at $213,000 after buying an additional 1,422 shares during the last quarter. Finally, Franklin Resources Inc. purchased a new position in REalloys during the fourth quarter worth $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.