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Rayonier Advanced Materials Inc (NYSE: RYAM) closed the day trading at $3.88 down -5.83% from the previous closing price of $4.12. In other words, the price has decreased by -$5.83 from its previous closing price. On the day, 0.56 million shares were traded. RYAM stock price reached its highest trading level at $4.07 during the session, while it also had its lowest trading level at $3.8499.
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 3.36 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 29.57. For the most recent quarter (mrq), Quick Ratio is recorded 0.98 and its Current Ratio is at 1.53. In the meantime, Its Debt-to-Equity ratio is 1.07 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.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jun 01 ’23 when Posze James L Jr bought 3,000 shares for $3.51 per share. The transaction valued at 10,530 led to the insider holds 192,286 shares of the business.
Hicks Joshua C. bought 10,000 shares of RYAM for $36,500 on May 30 ’23. The SVP, High Purity Cellulose now owns 89,595 shares after completing the transaction at $3.65 per share. On May 25 ’23, another insider, Hicks Joshua C., who serves as the SVP, High Purity Cellulose of the company, bought 10,000 shares for $3.96 each. As a result, the insider paid 39,600 and bolstered with 79,595 shares of the company.
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 253744640 and an Enterprise Value of 974598464. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.15 while its Price-to-Book (P/B) ratio in mrq is 0.34. Its current Enterprise Value per Revenue stands at 0.593 whereas that against EBITDA is 6.649.
Stock Price History:
Over the past 52 weeks, RYAM has reached a high of $5.76, while it has fallen to a 52-week low of $2.66. The 50-Day Moving Average of the stock is -9.57%, while the 200-Day Moving Average is calculated to be 1.82%.
Shares Statistics:
Over the past 3-months, RYAM traded about 495.74K shares per day on average, while over the past 10 days, RYAM traded about 365500 shares per day. A total of 65.39M shares are outstanding, with a floating share count of 62.49M. Insiders hold about 4.66% of the company’s shares, while institutions hold 70.33% stake in the company. Shares short for RYAM as of 1713139200 were 3019078 with a Short Ratio of 6.09, compared to 1710460800 on 3402787. Therefore, it implies a Short% of Shares Outstanding of 3019078 and a Short% of Float of 5.6799997.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 2.96.
