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

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

Analysts Set New Price Targets

Several research analysts recently issued reports on ALOY shares. Clear Str raised REalloys to a “strong-buy” rating in a research report on Wednesday, April 8th. Weiss Ratings lowered REalloys from a “sell (d-)” rating to a “sell (e-)” rating in a research report on Thursday, May 14th. Finally, Wall Street Zen raised REalloys from a “sell” rating to a “hold” rating in a research report on Sunday, March 8th. One research analyst has rated the stock with a Strong Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, REalloys presently has an average rating of “Moderate Buy”.

REalloys Stock Down 12.1%

The business’s 50 day moving average is $10.11 and its two-hundred day moving average is $10.48. The firm has a market cap of $567.76 million, a P/E ratio of -3.17 and a beta of 1.43.

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

Insiders Place Their Bets

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

Hedge Funds Weigh In On REalloys

Hedge funds have recently bought and sold shares of the company. Geode Capital Management LLC increased its stake in 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 in the last quarter. Franklin Resources Inc. bought a new stake in REalloys in the fourth quarter valued at $741,000. Corient Private Wealth LLC bought a new stake in REalloys in the second quarter valued at $62,000. Pekin Hardy Strauss Inc. bought a new stake in REalloys in the fourth quarter valued at $81,000. Finally, Canton Hathaway LLC bought a new stake in REalloys in the fourth quarter valued at $95,000. 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.