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Rayonier Advanced Materials Inc (NYSE: RYAM) closed the day trading at $8.14 down -9.05% from the previous closing price of $8.95. In other words, the price has decreased by -$9.05 from its previous closing price. On the day, 1.05 million shares were traded. RYAM stock price reached its highest trading level at $8.6442 during the session, while it also had its lowest trading level at $8.04.
Ratios:
For a better understanding of RYAM, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.70 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 27.17. For the most recent quarter (mrq), Quick Ratio is recorded 1.09 and its Current Ratio is at 1.69. In the meantime, Its Debt-to-Equity ratio is 1.08 whereas as Long-Term Debt/Eq ratio is at 1.03.
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 589739776 and an Enterprise Value of 1234151552. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.34 while its Price-to-Book (P/B) ratio in mrq is 0.71. Its current Enterprise Value per Revenue stands at 0.772 whereas that against EBITDA is 6.87.
Stock Price History:
Over the past 52 weeks, RYAM has reached a high of $8.97, while it has fallen to a 52-week low of $2.66. The 50-Day Moving Average of the stock is 4.35%, while the 200-Day Moving Average is calculated to be 47.45%.
Shares Statistics:
Over the past 3-months, RYAM traded about 521.73K shares per day on average, while over the past 10 days, RYAM traded about 430910 shares per day. A total of 65.39M shares are outstanding, with a floating share count of 62.88M. Insiders hold about 4.58% of the company’s shares, while institutions hold 75.81% stake in the company. Shares short for RYAM as of 1727654400 were 766217 with a Short Ratio of 1.47, compared to 1724976000 on 791663. Therefore, it implies a Short% of Shares Outstanding of 766217 and a Short% of Float of 1.43.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 2.96.
