Real Industry (RELY) Receiving Somewhat Positive Press Coverage, Analysis Finds

News stories about Real Industry (NASDAQ:RELY) have trended somewhat positive recently, Accern Sentiment reports. The research firm scores the sentiment of media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Real Industry earned a media sentiment score of 0.17 on Accern’s scale. Accern also assigned press coverage about the financial services provider an impact score of 44.686733817392 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Real Industry (NASDAQ:RELY) opened at $0.43 on Friday. Real Industry has a 1-year low of $0.23 and a 1-year 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.

Several brokerages have recently weighed in on RELY. B. Riley reiterated a “buy” rating and set a $5.00 price objective on shares of Real Industry in a report on Thursday, November 9th. Zacks Investment Research lowered shares of Real Industry from a “buy” rating to a “hold” rating in a report on Wednesday, October 11th.

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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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