89,134 Shares in REalloys Inc $ALOY Bought by Dayah Capital LLC

Dayah Capital LLC acquired a new stake in REalloys Inc (NASDAQ:ALOY) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 89,134 shares of the company’s stock, valued at approximately $1,288,000. REalloys accounts for 0.4% of Dayah Capital LLC’s investment portfolio, making the stock its 17th largest position.

Other large investors have also bought and sold shares of the company. BlackRock Inc. acquired a new stake in shares of REalloys in the second quarter valued at about $61,089,000. Bank of New York Mellon Corp acquired a new position in shares of REalloys in the second quarter worth approximately $2,294,000. Franklin Resources Inc. acquired a new position in shares of REalloys in the fourth quarter worth approximately $741,000. Deutsche Bank AG bought a new stake in REalloys in the second quarter valued at approximately $818,000. Finally, The Manufacturers Life Insurance Company bought a new stake in REalloys in the second quarter valued at approximately $216,000. 3.58% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of analysts have weighed in on the stock. Needham & Company LLC decreased their target price on shares of REalloys from $19.00 to $16.00 and set a “buy” rating for the company in a research report on Wednesday, July 22nd. Wall Street Zen downgraded shares of REalloys from a “hold” rating to a “sell” rating in a research report on Saturday. Finally, Weiss Ratings raised shares of REalloys from a “sell (e)” rating to a “sell (d-)” rating in a research note on Thursday, June 18th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $16.00.

REalloys Price Performance

Shares of NASDAQ:ALOY opened at $12.16 on Wednesday. The company has a market capitalization of $838.92 million, a price-to-earnings ratio of -3.85 and a beta of 1.35. The business’s 50-day moving average is $12.15 and its 200-day moving average is $11.98. REalloys Inc has a 1 year low of $5.64 and a 1 year high of $26.90.

REalloys (NASDAQ:ALOY) last released its earnings results on Thursday, August 13th. The company reported ($0.59) EPS for the quarter. REalloys had a negative return on equity of 192.93% and a negative net margin of 5,145.12%.The business had revenue of $0.80 million for the quarter.

REalloys 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.