Real Industry (NASDAQ:RELY)‘s stock had its “buy” rating reaffirmed by stock analysts at B. Riley in a report released on Monday, November 20th. They presently have a $5.00 price target on the financial services provider’s stock.
Separately, Zacks Investment Research raised shares of Real Industry from a “sell” rating to a “hold” rating in a research note on Tuesday, August 15th.
Real Industry (NASDAQ RELY) traded down $0.08 during midday trading on Monday, hitting $0.43. 1,446,300 shares of the stock were exchanged, compared to its average volume of 438,339. Real Industry has a 52 week low of $0.23 and a 52 week high of $6.70. The company has a quick ratio of 0.32, a current ratio of 0.55 and a debt-to-equity ratio of -0.30.
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About Real Industry
Real Industry, Inc is a holding company. The Company focuses on the operations of Real Alloy Holding, Inc (Real Alloy), which is engaged in aluminum recycling. The Company’s segments include Real Alloy North America (RANA) and Real Alloy Europe (RAEU). The RANA segment includes aluminum melting, processing, recycling and alloying activities conducted in approximately 20 facilities located in the United States, Canada and Mexico.
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