REalloys (NASDAQ:ALOY) Sees Large Volume Increase – Should You Buy?

Shares of REalloys Inc (NASDAQ:ALOY) saw strong trading volume on Tuesday . 657,884 shares changed hands during trading, an increase of 11% from the previous session’s volume of 593,355 shares.The stock last traded at $12.7090 and had previously closed at $11.25.

Analysts Set New Price Targets

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

REalloys Stock Performance

The firm has a market capitalization of $791.54 million, a P/E ratio of -11.85 and a beta of 1.45. The company has a 50-day moving average price of $13.29 and a 200-day moving average price of $9.75.

REalloys (NASDAQ:ALOY) last issued its quarterly earnings data 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 firm had revenue of $0.63 million for the quarter.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in ALOY. Corient Private Wealth LLC acquired a new stake in shares of REalloys in the 2nd quarter valued at approximately $62,000. Canton Hathaway LLC bought a new stake in REalloys during the fourth quarter worth $95,000. Pekin Hardy Strauss Inc. acquired a new stake in REalloys in the fourth quarter valued at $81,000. Geode Capital Management LLC lifted its stake 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 acquiring an additional 1,422 shares during the last quarter. Finally, Franklin Resources Inc. bought a new position in shares of REalloys in the 4th quarter valued at about $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.