REalloys (NASDAQ:ALOY) Raised to “Hold” at Wall Street Zen

REalloys (NASDAQ:ALOY) was upgraded by stock analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Sunday.

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of REalloys in a report on Wednesday, January 21st. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock has a consensus rating of “Sell”.

REalloys Price Performance

Shares of ALOY stock opened at $15.58 on Friday. The company has a market cap of $69.80 million, a price-to-earnings ratio of -13.32 and a beta of 1.44. REalloys has a 1 year low of $2.48 and a 1 year high of $26.90. The firm has a fifty day moving average price of $12.54 and a 200-day moving average price of $9.38.

REalloys (NASDAQ:ALOY) last released its earnings results on Monday, February 23rd. The company reported ($0.40) earnings per share for the quarter. The company had revenue of $0.63 million for the quarter. REalloys had a negative net margin of 182.07% and a negative return on equity of 96.75%.

Institutional Investors Weigh In On REalloys

Institutional investors and hedge funds have recently modified their holdings of the stock. Corient Private Wealth LLC bought a new position in shares of REalloys during the second quarter worth $62,000. Pekin Hardy Strauss Inc. purchased a new stake in REalloys in the 4th quarter worth $81,000. Canton Hathaway LLC bought a new position in shares of REalloys during the 4th quarter valued at about $95,000. Geode Capital Management LLC grew its position in shares of REalloys by 5.7% during 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 in the last quarter. Finally, Franklin Resources Inc. bought a new stake in shares of REalloys in the fourth quarter worth about $741,000. Institutional investors own 3.58% of the company’s stock.

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.