REalloys (NASDAQ:ALOY) Shares Gap Up – What’s Next?

REalloys Inc (NASDAQ:ALOY)’s stock price gapped up prior to trading on Monday . The stock had previously closed at $11.98, but opened at $12.70. REalloys shares last traded at $11.75, with a volume of 521,672 shares changing hands.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on ALOY shares. Wall Street Zen upgraded shares of REalloys from a “sell” rating to a “hold” rating in a research report on Sunday, March 8th. Weiss Ratings reissued a “sell (d-)” rating on shares of REalloys in a research note on Wednesday, January 21st. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, REalloys presently has a consensus rating of “Sell”.

REalloys Stock Up 22.2%

The company’s 50-day moving average is $13.21 and its two-hundred day moving average is $9.73. The company has a market capitalization of $785.26 million, a P/E ratio of -11.75 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 (EPS) for the quarter. REalloys had a negative net margin of 182.07% and a negative return on equity of 96.75%. The company had revenue of $0.63 million for the quarter.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in ALOY. Pekin Hardy Strauss Inc. bought a new position in REalloys in the fourth quarter valued at $81,000. Corient Private Wealth LLC bought a new stake in REalloys during the second quarter worth about $62,000. Canton Hathaway LLC purchased a new position in shares of REalloys in the 4th quarter worth about $95,000. Geode Capital Management LLC boosted its holdings in shares of REalloys by 5.7% in the 4th 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. Finally, Franklin Resources Inc. bought a new position in shares of REalloys during the 4th quarter valued at about $741,000. 3.58% of the stock is currently owned by hedge funds and other institutional investors.

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.