New Age Alpha Advisors LLC Acquires Shares of 8,677 Revelyst, Inc. (NYSE:GEAR)

New Age Alpha Advisors LLC acquired a new position in shares of Revelyst, Inc. (NYSE:GEAR) during the 4th quarter, Holdings Channel reports. The firm acquired 8,677 shares of the company’s stock, valued at approximately $167,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. acquired a new stake in Revelyst in the 4th quarter worth about $95,824,000. American Century Companies Inc. acquired a new stake in shares of Revelyst in the fourth quarter valued at approximately $32,228,000. Charles Schwab Investment Management Inc. acquired a new stake in Revelyst during the fourth quarter worth approximately $9,766,000. Bank of New York Mellon Corp bought a new position in Revelyst during the 4th quarter worth $7,811,000. Finally, Tokio Marine Asset Management Co. Ltd. acquired a new position in Revelyst in the 4th quarter valued at $4,751,000. Institutional investors and hedge funds own 90.51% of the company’s stock.

Revelyst Stock Performance

GEAR opened at $20.08 on Thursday. The company has a current ratio of 2.90, a quick ratio of 1.26 and a debt-to-equity ratio of 0.48. Revelyst, Inc. has a 52-week low of $18.90 and a 52-week high of $20.09. The firm has a market cap of $1.17 billion, a price-to-earnings ratio of -111.56 and a beta of 0.75. The stock’s fifty day moving average is $20.08.

About Revelyst

Vista Outdoor Inc is the parent company of renowned brands which design, manufacture and market sporting and outdoor products. The company’s operating segment includes Outdoor Products and Sporting Products. Its brand portfolio includes Remington Ammunition, Bushnell, CamelBak, Bushnell Golf, Foresight Sports, Fiber Energy Products, Bell Helmets, Camp Chef, Giro, QuietKat, Stone Glacier, Federal Ammunition and more.