Rayonier Advanced Materials Inc. (NYSE: RYAM) kicked off on May 23, 2023, at the price of $4.40, down -5.62% from the previous trading day. During the day, the shares moved up to $4.59 and dropped to $4.185 before settling in for the closing price of $4.45. Over the past 52 weeks, RYAM has traded in a range of $2.43-$9.84.
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Basic Materials Sector giant saw their annual sales surged by 12.80% over the last five years. While this was happening, its average annual earnings per share was recorded 45.20%. With a float of $61.24 million, this company’s outstanding shares have now reached $64.50 million.
The firm has a total of 2500 workers. Let’s measure their productivity. In terms of profitability, gross margin is +7.17, operating margin of +1.62, and the pretax margin is -1.39.
Rayonier Advanced Materials Inc. (RYAM) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Chemicals Industry. The insider ownership of Rayonier Advanced Materials Inc. is 0.30%, while institutional ownership is 76.30%. The most recent insider transaction that took place on May 18, was worth 42,260. In this transaction Director of this company bought 10,000 shares at a rate of $4.23, taking the stock ownership to the 110,707 shares. Before that another transaction happened on May 17, when Company’s Director bought 12,195 for $4.11, making the entire transaction worth $50,179. This insider now owns 86,603 shares in total.
Rayonier Advanced Materials Inc. (RYAM) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 3/30/2023, the organization reported $0.02 earnings per share (EPS), lower than consensus estimate (set at $0.06) by -$0.04. This company achieved a net margin of -1.59 while generating a return on equity of -3.33. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.04 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 45.20% per share during the next fiscal year.
Rayonier Advanced Materials Inc. (NYSE: RYAM) Trading Performance Indicators
Take a look at Rayonier Advanced Materials Inc.’s (RYAM) current performance indicators. Last quarter, stock had a quick ratio of 1.30. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.14. Likewise, its price to free cash flow for the trailing twelve months is 8.99.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.03, a number that is poised to hit -0.10 in the next quarter and is forecasted to reach -0.22 in one year’s time.
Technical Analysis of Rayonier Advanced Materials Inc. (RYAM)
Analysing the last 5-days average volume posted by the [Rayonier Advanced Materials Inc., RYAM], we can find that recorded value of 0.87 million was better than the volume posted last year of 0.74 million. As of the previous 9 days, the stock’s Stochastic %D was 25.71%. Additionally, its Average True Range was 0.36.
During the past 100 days, Rayonier Advanced Materials Inc.’s (RYAM) raw stochastic average was set at 3.42%, which indicates a significant decrease from 11.36% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 99.76% in the past 14 days, which was lower than the 105.04% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.50, while its 200-day Moving Average is $5.99. Now, the first resistance to watch is $4.47. This is followed by the second major resistance level at $4.73. The third major resistance level sits at $4.87. If the price goes on to break the first support level at $4.06, it is likely to go to the next support level at $3.92. Should the price break the second support level, the third support level stands at $3.65.
Rayonier Advanced Materials Inc. (NYSE: RYAM) Key Stats
The company with the Market Capitalisation of 265.27 million has total of 65,119K Shares Outstanding. Its annual sales at the moment are 1,717 M in contrast with the sum of -14,920 K annual income. Company’s last quarter sales were recorded 466,760 K and last quarter income was 1,610 K.
