Real Industry Inc. (NASDAQ:RELY) traded down 3.5% on Wednesday . The stock traded as low as $6.84 and last traded at $6.87, with a volume of 114,456 shares. The stock had previously closed at $7.12.

Several equities research analysts have recently weighed in on the company. B. Riley reiterated a “buy” rating and issued a $16.00 price target on shares of Real Industry in a report on Sunday, August 14th. Zacks Investment Research upgraded Real Industry from a “sell” rating to a “hold” rating in a report on Wednesday, July 13th.

The stock has a 50-day moving average of $7.67 and a 200 day moving average of $7.82. The stock’s market cap is $198.91 million.

Real Industry (NASDAQ:RELY) last posted its quarterly earnings data on Tuesday, August 9th. The company reported ($0.07) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.13) by $0.06. During the same quarter in the previous year, the firm posted ($0.53) earnings per share. The firm earned $320.90 million during the quarter, compared to analyst estimates of $323.39 million. The company’s quarterly revenue was down 13.0% on a year-over-year basis. Equities analysts expect that Real Industry Inc. will post ($0.70) EPS for the current year.

In related news, Director Patrick Deconinck bought 10,000 shares of the stock in a transaction dated Thursday, August 11th. The shares were acquired at an average cost of $7.61 per share, for a total transaction of $76,100.00. Following the acquisition, the director now directly owns 39,711 shares in the company, valued at approximately $302,200.71. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Craig T. Bouchard sold 98,396 shares of the business’s stock in a transaction that occurred on Monday, August 29th. The stock was sold at an average price of $7.13, for a total value of $701,563.48. Following the transaction, the chief executive officer now owns 89,974 shares in the company, valued at $641,514.62. The disclosure for this sale can be found here.

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.