REalloys (NASDAQ:ALOY) Rating Increased to Strong-Buy at Clear Str

Clear Str upgraded shares of REalloys (NASDAQ:ALOY) to a strong-buy rating in a research report released on Wednesday,Zacks.com reports.

ALOY has been the topic of a number of other research reports. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of REalloys in a research note on Wednesday, January 21st. Wall Street Zen raised shares of 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 Strong Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

REalloys Stock Performance

Shares of ALOY opened at $9.88 on Wednesday. REalloys has a twelve month low of $2.73 and a twelve month high of $26.90. The firm’s 50 day moving average price is $12.87 and its two-hundred day moving average price is $10.13. The firm has a market cap of $564.25 million, a P/E ratio of -8.44 and a beta of 1.70.

REalloys (NASDAQ:ALOY) last announced its quarterly earnings results 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 company had revenue of $0.63 million during the quarter.

Insider Activity

In other news, insider Gust Kepler sold 62,000 shares of REalloys stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $12.89, for a total value of $799,180.00. Following the sale, the insider directly owned 414,218 shares in the company, valued at $5,339,270.02. This trade represents a 13.02% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 20.10% of the stock is owned by company insiders.

Institutional Trading of REalloys

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Franklin Resources Inc. acquired a new stake in shares of REalloys in the fourth quarter valued at approximately $741,000. Geode Capital Management LLC raised its holdings in shares of 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 last quarter. Pekin Hardy Strauss Inc. acquired a new stake in shares of REalloys in the fourth quarter valued at approximately $81,000. Canton Hathaway LLC acquired a new stake in shares of REalloys in the fourth quarter valued at approximately $95,000. Finally, Corient Private Wealth LLC acquired a new stake in shares of REalloys in the second quarter valued at approximately $62,000. 3.58% of the stock is currently owned by institutional investors and hedge funds.

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.