REalloys (NASDAQ:ALOY) Sees Unusually-High Trading Volume – Here’s What Happened

Shares of REalloys Inc (NASDAQ:ALOY) saw an uptick in 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.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on ALOY. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of REalloys in a research note on Wednesday, January 21st. Wall Street Zen raised REalloys from a “sell” rating to a “hold” rating in a research note on Sunday, March 8th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

REalloys Price Performance

The firm’s fifty day moving average price is $13.12 and its 200-day moving average price is $9.67. The company has a market capitalization of $751.68 million, a price-to-earnings ratio of -11.35 and a beta of 1.44.

REalloys (NASDAQ:ALOY) last released its quarterly earnings data on Monday, February 23rd. The company reported ($0.40) earnings per share 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 Investors Weigh In On REalloys

A number of institutional investors have recently added to or reduced their stakes in the business. Corient Private Wealth LLC acquired a new position in REalloys in the 2nd quarter valued at approximately $62,000. Canton Hathaway LLC acquired a new position in shares of REalloys during the fourth quarter worth $95,000. Pekin Hardy Strauss Inc. bought a new stake in shares of REalloys in the fourth quarter worth $81,000. Geode Capital Management LLC increased its holdings 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 purchasing an additional 1,422 shares during the period. Finally, Franklin Resources Inc. acquired a new stake in REalloys in the fourth quarter valued at $741,000. 3.58% of the stock is owned by 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.