REalloys (NASDAQ:ALOY) Trading Down 5.8% – Time to Sell?

REalloys Inc (NASDAQ:ALOY) shares were down 5.8% during mid-day trading on Monday . The stock traded as low as $10.72 and last traded at $10.7160. Approximately 642,465 shares changed hands during mid-day trading, a decline of 33% from the average daily volume of 962,729 shares. The stock had previously closed at $11.37.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on ALOY. Wall Street Zen upgraded REalloys from a “sell” rating to a “hold” rating in a report on Sunday, March 8th. Clear Str upgraded shares of REalloys to a “strong-buy” rating in a research report on Wednesday, April 8th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of REalloys in a report on Wednesday, January 21st. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy”.

REalloys Trading Down 6.9%

The company has a 50 day moving average price of $12.91 and a 200 day moving average price of $10.50. The company has a market capitalization of $536.26 million, a price-to-earnings ratio of -8.03 and a beta of 1.70.

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

Insider Activity

In other news, insider Gust Kepler sold 62,000 shares of the firm’s stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of $12.89, for a total value of $799,180.00. Following the transaction, the insider owned 414,218 shares of the company’s stock, valued at approximately $5,339,270.02. This trade represents a 13.02% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 20.10% of the company’s stock.

Hedge Funds Weigh In On REalloys

Several large investors have recently bought and sold shares of the business. Franklin Resources Inc. acquired a new stake in REalloys during the 4th quarter worth $741,000. Canton Hathaway LLC acquired a new stake in shares of REalloys in the 4th quarter valued at approximately $95,000. Corient Private Wealth LLC acquired a new stake in REalloys in the second quarter worth $62,000. Pekin Hardy Strauss Inc. acquired a new stake in REalloys in the fourth quarter worth $81,000. Finally, Geode Capital Management LLC boosted its position in shares of REalloys by 5.7% during the fourth quarter. Geode Capital Management LLC now owns 26,267 shares of the company’s stock worth $213,000 after purchasing an additional 1,422 shares in the last quarter. 3.58% of the stock is currently owned by institutional investors and hedge funds.

About REalloys

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.