Real Industry (RELY) Getting Somewhat Positive News Coverage, Analysis Finds

Press coverage about Real Industry (NASDAQ:RELY) has been trending somewhat positive this week, according to Accern Sentiment. Accern identifies negative and positive news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Real Industry earned a coverage optimism score of 0.22 on Accern’s scale. Accern also assigned news headlines about the financial services provider an impact score of 46.0332252330265 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

Several analysts recently issued reports on RELY shares. Zacks Investment Research raised shares of Real Industry from a “sell” rating to a “hold” rating in a research note on Tuesday, August 15th. B. Riley reaffirmed a “buy” rating and set a $5.00 price objective on shares of Real Industry in a research note on Tuesday, August 15th.

Shares of Real Industry (RELY) traded down 9.09% during mid-day trading on Tuesday, reaching $2.00. 114,925 shares of the company traded hands. The company’s market capitalization is $58.02 million. Real Industry has a 52 week low of $1.75 and a 52 week high of $6.70. The stock’s 50-day moving average is $2.04 and its 200-day moving average is $2.47.

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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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