REalloys (NASDAQ:ALOY) Trading Down 4.5% – Here’s What Happened

REalloys Inc (NASDAQ:ALOY)’s share price was down 4.5% during trading on Tuesday . The company traded as low as $12.17 and last traded at $12.2690. Approximately 918,777 shares were traded during mid-day trading, a decline of 1% from the average daily volume of 928,957 shares. The stock had previously closed at $12.85.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on ALOY shares. Wall Street Zen raised REalloys from a “sell” rating to a “hold” rating in a research note on Sunday, March 8th. Clear Str raised REalloys to a “strong-buy” rating in a research note on Wednesday, April 8th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of REalloys in a research note on Wednesday, January 21st. One analyst has rated the stock with a Strong Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, REalloys currently has a consensus rating of “Moderate Buy”.

REalloys Stock Performance

The company has a market cap of $689.26 million, a P/E ratio of -10.22 and a beta of 1.70. The firm’s 50 day moving average price is $12.94 and its two-hundred day moving average price is $10.33.

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

Insider Activity

In related news, insider Gust Kepler sold 62,000 shares of the stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $12.89, for a total value of $799,180.00. Following the transaction, 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 20.10% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On REalloys

A number of large investors have recently modified their holdings of the company. Franklin Resources Inc. bought a new position in shares of REalloys in the 4th quarter worth $741,000. Geode Capital Management LLC grew 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 buying an additional 1,422 shares in the last quarter. Canton Hathaway LLC bought a new stake in REalloys during the fourth quarter worth $95,000. Corient Private Wealth LLC bought a new stake in REalloys during the second quarter worth $62,000. Finally, Pekin Hardy Strauss Inc. bought a new stake in REalloys during the fourth quarter worth $81,000. 3.58% of the stock is currently owned by 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.