REalloys (NASDAQ:ALOY) Upgraded by Wall Street Zen to “Hold” Rating

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

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of REalloys in a research report on Wednesday, January 21st. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, REalloys has a consensus rating of “Sell”.

REalloys Price Performance

REalloys stock opened at $17.50 on Friday. REalloys has a 1-year low of $2.48 and a 1-year high of $26.90. The company has a market cap of $78.40 million, a PE ratio of -14.96 and a beta of 1.45. The stock’s 50 day moving average price is $12.39 and its 200 day moving average price is $9.32.

REalloys (NASDAQ:ALOY) last announced its quarterly earnings data 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

A number of institutional investors and hedge funds have recently modified their holdings of the company. Corient Private Wealth LLC purchased a new position in REalloys in the 2nd quarter valued at approximately $62,000. Canton Hathaway LLC purchased a new stake in REalloys during the fourth quarter worth $95,000. Pekin Hardy Strauss Inc. purchased a new stake in REalloys during the fourth quarter worth $81,000. Geode Capital Management LLC grew its holdings in REalloys by 5.7% in the fourth quarter. Geode Capital Management LLC now owns 26,267 shares of the company’s stock valued at $213,000 after purchasing an additional 1,422 shares during the last quarter. Finally, Franklin Resources Inc. acquired a new stake in REalloys in the fourth quarter valued at $741,000. Institutional investors and hedge funds own 3.58% of the company’s stock.

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.