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In the latest session, Rayonier Advanced Materials Inc (NYSE: RYAM) closed at $5.41 up 5.25% from its previous closing price of $5.14. In other words, the price has increased by $5.25 from its previous closing price. On the day, 0.54 million shares were traded. RYAM stock price reached its highest trading level at $5.568 during the session, while it also had its lowest trading level at $5.32.
Ratios:
For a deeper understanding of Rayonier Advanced Materials Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.95 and its Current Ratio is at 1.64. In the meantime, Its Debt-to-Equity ratio is 1.08 whereas as Long-Term Debt/Eq ratio is at 1.04.
On January 10, 2023, RBC Capital Mkts Downgraded its rating to Sector Perform which previously was Outperform and also lowered its target price recommendation from $9 to $8.
RBC Capital Mkts Upgraded its Sector Perform to Outperform on July 18, 2022, whereas the target price for the stock was revised from $6 to $5.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RYAM now has a Market Capitalization of 354766688 and an Enterprise Value of 1097794688. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.23 while its Price-to-Book (P/B) ratio in mrq is 0.48. Its current Enterprise Value per Revenue stands at 0.702 whereas that against EBITDA is 7.616.
Stock Price History:
The Beta on a monthly basis for RYAM is 3.01, which has changed by 0.19955659 over the last 52 weeks, in comparison to a change of 0.23951602 over the same period for the S&P500. Over the past 52 weeks, RYAM has reached a high of $6.20, while it has fallen to a 52-week low of $2.66. The 50-Day Moving Average of the stock is 5.61%, while the 200-Day Moving Average is calculated to be 30.37%.
Shares Statistics:
For the past three months, RYAM has traded an average of 516.85K shares per day and 413830 over the past ten days. A total of 65.39M shares are outstanding, with a floating share count of 62.52M. Insiders hold about 4.67% of the company’s shares, while institutions hold 75.37% stake in the company. Shares short for RYAM as of 1718323200 were 1602697 with a Short Ratio of 2.60, compared to 1715731200 on 3106281. Therefore, it implies a Short% of Shares Outstanding of 1602697 and a Short% of Float of 3.0.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 2.96.
