REalloys (NASDAQ:ALOY) Stock Price Down 10.6% – Time to Sell?

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

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the stock. Clear Str raised shares of REalloys to a “strong-buy” rating in a research note on Wednesday, April 8th. Weiss Ratings downgraded shares of REalloys from a “sell (d-)” rating to a “sell (e-)” rating in a research note on Thursday, May 14th. Finally, 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’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

REalloys Stock Down 12.1%

The firm’s 50-day moving average price is $10.11 and its 200 day moving average price is $10.48. The company has a market capitalization of $567.76 million, a P/E ratio of -3.17 and a beta of 1.43.

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

Insiders Place Their Bets

In related news, insider Gust Kepler sold 62,000 shares of the business’s stock in a transaction dated 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 20.10% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in ALOY. Corient Private Wealth LLC purchased a new position in REalloys during the second quarter worth about $62,000. Pekin Hardy Strauss Inc. purchased a new position in REalloys during the fourth quarter worth about $81,000. Canton Hathaway LLC purchased a new position in REalloys during the fourth quarter worth about $95,000. Geode Capital Management LLC boosted its holdings in REalloys by 5.7% during the fourth 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. Finally, Franklin Resources Inc. purchased a new position in REalloys during the fourth quarter worth about $741,000. 3.58% of the stock is currently owned by hedge funds and other institutional investors.

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.