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

REalloys Inc (NASDAQ:ALOY) shares saw unusually-strong trading volume on Monday . Approximately 1,030,498 shares were traded during trading, a decline of 11% from the previous session’s volume of 1,153,777 shares.The stock last traded at $11.1810 and had previously closed at $9.16.

Analyst Ratings Changes

Several equities research analysts recently issued reports on ALOY shares. Wall Street Zen upgraded REalloys from a “sell” rating to a “hold” rating in a report on Sunday, March 8th. Clear Str upgraded REalloys to a “strong-buy” rating in a report on Wednesday, April 8th. Needham & Company LLC started coverage on REalloys in a report on Monday. They issued a “buy” rating and a $19.00 price objective on the stock. Finally, Weiss Ratings cut REalloys from a “sell (d-)” rating to a “sell (e-)” rating in a report on Thursday, May 14th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $19.00.

REalloys Trading Up 22.3%

The firm has a market capitalization of $685.92 million, a price-to-earnings ratio of -3.85 and a beta of 1.41. The company has a fifty day moving average price of $9.90 and a two-hundred day moving average price of $10.54.

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

Insider Buying and Selling at REalloys

In other news, insider Gust Kepler sold 62,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 17th. The stock was 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 $5,339,270.02. The trade was a 13.02% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 20.10% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in ALOY. Franklin Resources Inc. acquired a new position in shares of REalloys during the 4th quarter worth approximately $741,000. Canton Hathaway LLC acquired a new position in shares of REalloys during the 4th quarter worth approximately $95,000. Corient Private Wealth LLC acquired a new position in shares of REalloys during the 2nd quarter worth approximately $62,000. Pekin Hardy Strauss Inc. acquired a new position in shares of REalloys during the 4th quarter worth approximately $81,000. Finally, Geode Capital Management LLC boosted its holdings in shares of REalloys by 5.7% during the 4th quarter. Geode Capital Management LLC now owns 26,267 shares of the company’s stock worth $213,000 after purchasing an additional 1,422 shares during the last quarter. 3.58% of the stock is currently owned by institutional investors and hedge funds.

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.