REalloys (NASDAQ:ALOY) Trading Down 10.6% – What’s Next?

REalloys Inc (NASDAQ:ALOY) dropped 10.6% during trading on Wednesday . The stock traded as low as $9.62 and last traded at $9.4340. Approximately 317,488 shares traded hands during mid-day trading, a decline of 72% from the average daily volume of 1,119,637 shares. The stock had previously closed at $10.55.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the stock. Clear Str raised shares of REalloys to a “strong-buy” rating in a research note on Wednesday, April 8th. Wall Street Zen raised shares of REalloys from a “sell” rating to a “hold” rating in a research report on Sunday, March 8th. Finally, Weiss Ratings cut shares of REalloys from a “sell (d-)” rating to a “sell (e-)” rating in a report on Thursday, May 14th. One research analyst has rated the stock with a Strong Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy”.

REalloys Stock Up 2.9%

The firm has a fifty day moving average of $9.99 and a 200-day moving average of $10.52. The firm has a market cap of $595.57 million, a P/E ratio of -3.33 and a beta of 1.43.

REalloys (NASDAQ:ALOY) last posted its quarterly earnings results on Tuesday, May 19th. The company reported ($1.98) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.02) by ($1.96). The company had revenue of $0.71 million during the quarter, compared to the consensus estimate of $0.60 million. REalloys had a negative net margin of 4,326.08% and a negative return on equity of 382.09%.

Insider Buying and Selling at REalloys

In related news, insider Gust Kepler sold 62,000 shares of the business’s stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $12.89, for a total transaction of $799,180.00. Following the transaction, the insider directly owned 414,218 shares in the company, valued at approximately $5,339,270.02. The trade was a 13.02% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 20.10% of the company’s stock.

Institutional Trading of REalloys

Large investors have recently added to or reduced their stakes in the company. Franklin Resources Inc. acquired a new position in shares of REalloys during the 4th quarter worth about $741,000. Geode Capital Management LLC lifted its stake in REalloys by 5.7% in the 4th 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 during the last quarter. Canton Hathaway LLC acquired a new stake in REalloys in the 4th quarter valued at about $95,000. Corient Private Wealth LLC acquired a new stake in REalloys in the 2nd quarter valued at about $62,000. Finally, Pekin Hardy Strauss Inc. bought a new position in REalloys during the fourth quarter worth about $81,000. 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.