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

Dayah Capital LLC acquired a new position in REalloys Inc (NASDAQ:ALOY) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 89,134 shares of the company’s stock, valued at approximately $1,288,000. REalloys makes up approximately 0.4% of Dayah Capital LLC’s investment portfolio, making the stock its 17th biggest position. Dayah Capital LLC owned 0.13% of REalloys at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of ALOY. State of Wyoming acquired a new position in shares of REalloys during the 2nd quarter worth approximately $47,000. Legal & General Group Plc acquired a new stake in shares of REalloys in the second quarter valued at approximately $80,000. Quantbot Technologies LP bought a new stake in shares of REalloys in the second quarter valued at approximately $132,000. Pekin Hardy Strauss Inc. bought a new stake in shares of REalloys in the fourth quarter valued at approximately $81,000. Finally, Corient Private Wealth LLC acquired a new stake in REalloys during the second quarter worth approximately $62,000. Institutional investors own 3.58% of the company’s stock.

REalloys Stock Up 9.6%

Shares of ALOY opened at $12.16 on Wednesday. The stock has a market cap of $838.92 million, a PE ratio of -3.85 and a beta of 1.35. REalloys Inc has a 12-month low of $5.64 and a 12-month high of $26.90. The business has a 50-day simple moving average of $12.15 and a two-hundred day simple moving average of $11.98.

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

Analysts Set New Price Targets

A number of research firms have commented on ALOY. Weiss Ratings upgraded REalloys from a “sell (e)” rating to a “sell (d-)” rating in a research note on Thursday, June 18th. Needham & Company LLC cut their target price on REalloys from $19.00 to $16.00 and set a “buy” rating for the company in a research report on Wednesday, July 22nd. Finally, Wall Street Zen lowered REalloys from a “hold” rating to a “sell” rating in a report on Saturday. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, REalloys currently has a consensus rating of “Moderate Buy” and a consensus target price of $16.00.

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.