Real Industry (RELY) Getting Somewhat Positive News Coverage, Study Shows
News articles about Real Industry (NASDAQ:RELY) have trended somewhat positive this week, according to Accern Sentiment. Accern identifies positive and negative press coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Real Industry earned a media sentiment score of 0.16 on Accern’s scale. Accern also gave media stories about the financial services provider an impact score of 45.013276721822 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Shares of Real Industry (RELY) opened at $0.43 on Monday. The stock has a market capitalization of $16.24 and a PE ratio of -0.08. The company has a current ratio of 0.55, a quick ratio of 0.32 and a debt-to-equity ratio of -0.30. Real Industry has a 12-month low of $0.23 and a 12-month high of $6.70.
RELY has been the subject of a number of research analyst reports. B. Riley reiterated a “buy” rating and set a $5.00 price target on shares of Real Industry in a research report on Thursday, November 9th. Zacks Investment Research downgraded Real Industry from a “buy” rating to a “hold” rating in a research report on Wednesday, October 11th.
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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