Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
The closing price of Rayonier Advanced Materials Inc (NYSE: RYAM) was $4.06 for the day, down -3.10% from the previous closing price of $4.19. In other words, the price has decreased by -$3.10 from its previous closing price. On the day, 0.51 million shares were traded.
Ratios:
Our analysis of RYAM’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.09 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2.28. For the most recent quarter (mrq), Quick Ratio is recorded 0.89 and its Current Ratio is at 1.41. In the meantime, Its Debt-to-Equity ratio is 1.11 whereas as Long-Term Debt/Eq ratio is at 1.06.
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.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Dec 13 ’24 when Bowen Eric bought 12,500 shares for $8.04 per share. The transaction valued at 100,500 led to the insider holds 12,500 shares of the business.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.17 while its Price-to-Book (P/B) ratio in mrq is 0.39.
Stock Price History:
Over the past 52 weeks, RYAM has reached a high of $10.28, while it has fallen to a 52-week low of $3.45. The 50-Day Moving Average of the stock is -15.05%, while the 200-Day Moving Average is calculated to be -43.09%.
Shares Statistics:
A total of 66.75M shares are outstanding, with a floating share count of 63.67M. Insiders hold about 4.65% of the company’s shares, while institutions hold 76.22% stake in the company.
