REalloys (NASDAQ:ALOY) Raised to “Hold” at Wall Street Zen

REalloys (NASDAQ:ALOY) was upgraded by equities research analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a note issued to investors on Sunday.

Separately, Weiss Ratings reaffirmed 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.com, the stock currently has an average rating of “Sell”.

REalloys Stock Performance

REalloys stock opened at $17.50 on Friday. The stock has a market cap of $78.40 million, a PE ratio of -14.96 and a beta of 1.45. REalloys has a one year low of $2.48 and a one year high of $26.90. The stock has a fifty day moving average of $12.39 and a 200 day moving average of $9.29.

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

Institutional Investors Weigh In On REalloys

Hedge funds and other institutional investors have recently modified their holdings of the stock. Franklin Resources Inc. bought a new position in REalloys in the 4th quarter worth $741,000. Geode Capital Management LLC lifted its position in REalloys by 5.7% during 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 in the last quarter. Pekin Hardy Strauss Inc. bought a new stake in REalloys during the fourth quarter valued at about $81,000. Canton Hathaway LLC bought a new stake in REalloys during the fourth quarter valued at about $95,000. Finally, Corient Private Wealth LLC purchased a new stake in REalloys in the second quarter worth about $62,000. 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.