Discussion stirs around Real Industry, Inc. (NASDAQ:RELY) this week; here is what analysts are saying.

January 14, 2018 - By Nellie Frank

 Discussion stirs around Real Industry, Inc. (NASDAQ:RELY) this week; here is what analysts are saying.

Real Industry, Inc. (NASDAQ:RELY) Ratings Coverage

Among 3 analysts covering Signature Group Holdings (NASDAQ:RELY), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Signature Group Holdings had 4 analyst reports since August 12, 2015 according to SRatingsIntel. The stock has “Hold” rating by Zacks on Wednesday, August 12. On Tuesday, October 24 the stock rating was maintained by B. Riley & Co with “Buy”. Below is a list of Real Industry, Inc. (NASDAQ:RELY) latest ratings and price target changes.

09/11/2017 Broker: FBR Capital Rating: Buy New Target: $5.0
24/10/2017 Broker: B. Riley & Co Rating: Buy New Target: $5.0 Maintain

The stock decreased 14.63% or $0.0744 during the last trading session, reaching $0.4341. About 1.45M shares traded. Real Industry, Inc. (NASDAQ:RELY) has declined 55.90% since January 14, 2017 and is downtrending. It has underperformed by 72.60% the S&P500.

Real Industry, Inc., through its subsidiaries, engages in aluminum melting, processing, recycling, and alloying activities in the United States and internationally. The company has market cap of $12.93 million. The firm operates in two divisions, Real Alloy North America and Real Alloy Europe. It currently has negative earnings. It processes scrap aluminum and by-products; and makes wrought, cast, and specification or foundry alloys.

More news for Real Industry, Inc. (NASDAQ:RELY) were recently published by: Wsj.com, which released: “Goldman Sachs to Invest in Bankrupt Real Industry Inc.” on January 09, 2018. Bloomberg.com‘s article titled: “Goldman Commits $250 Million in Client Money to Real Estate Startup Cadre” and published on January 10, 2018 is yet another important article.

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