REalloys (NASDAQ:ALOY) Upgraded at Clear Str

Clear Str upgraded shares of REalloys (NASDAQ:ALOY) to a strong-buy rating in a research report released on Wednesday,Zacks.com reports.

Other equities research analysts have also issued reports about the stock. Wall Street Zen upgraded shares of REalloys from a “sell” rating to a “hold” rating in a report on Sunday, March 8th. Weiss Ratings reiterated a “sell (d-)” rating on shares of REalloys in a report on Wednesday, January 21st. One equities research analyst has rated the stock with a Strong Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

REalloys Stock Performance

NASDAQ:ALOY opened at $11.79 on Wednesday. The stock has a market capitalization of $673.33 million, a P/E ratio of -10.08 and a beta of 1.70. The company has a 50 day moving average price of $12.88 and a 200 day moving average price of $10.17. REalloys has a fifty-two week low of $2.82 and a fifty-two week high of $26.90.

REalloys (NASDAQ:ALOY) last posted its quarterly earnings data 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 return on equity of 96.75% and a negative net margin of 182.07%.

Insider Buying and Selling at REalloys

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 sale, the insider owned 414,218 shares of the company’s stock, 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 filing with the Securities & Exchange Commission, which is available at this link. 20.10% of the stock is currently owned by insiders.

Hedge Funds Weigh In On REalloys

Several institutional investors and hedge funds have recently modified their holdings of ALOY. Franklin Resources Inc. acquired a new position in REalloys during the 4th quarter worth $741,000. Geode Capital Management LLC lifted its position in shares of REalloys by 5.7% in the 4th 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 during the last quarter. Pekin Hardy Strauss Inc. bought a new stake in REalloys in the 4th quarter valued at about $81,000. Canton Hathaway LLC bought a new stake in REalloys in the 4th quarter valued at about $95,000. Finally, Corient Private Wealth LLC bought a new stake in REalloys in the 2nd quarter valued at about $62,000. Hedge funds and other 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.