Rayonier Advanced Materials Inc (NYSE: RYAM) kicked off on November 20, 2023, at the price of $3.26, up 3.68% from the previous trading day. During the day, the shares moved up to $3.38 and dropped to $3.15 before settling in for the closing price of $3.26. Over the past 52 weeks, RYAM has traded in a range of $2.66-$9.84.
Basic Materials Sector giant saw their annual sales surged by 19.35% over the last five years. While this was happening, its average annual earnings per share was recorded -92.59%. With a float of $62.60 million, this company’s outstanding shares have now reached $64.02 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 4.20%, while institutional ownership is 77.16%. The most recent insider transaction that took place on Jun 01, was worth 10,530. In this transaction CAO & SVP, Human Resources of this company bought 3,000 shares at a rate of $3.51, taking the stock ownership to the 192,286 shares. Before that another transaction happened on May 30, when Company’s SVP, High Purity Cellulose bought 10,000 for $3.65, making the entire transaction worth $36,500. This insider now owns 89,595 shares in total.
Rayonier Advanced Materials Inc (RYAM) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 9/29/2023, the organization reported -$0.39 earnings per share (EPS), lower than consensus estimate (set at -$0.31) by -$0.08. 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 -0.03 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -92.59% 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 0.82. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.13. Likewise, its price to free cash flow for the trailing twelve months is 9.11.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.56, a number that is poised to hit -0.07 in the next quarter and is forecasted to reach -0.18 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 0.75 million was lower than the volume posted last year of 0.95 million. As of the previous 9 days, the stock’s Stochastic %D was 50.52%. Additionally, its Average True Range was 0.20.
During the past 100 days, Rayonier Advanced Materials Inc’s (RYAM) raw stochastic average was set at 25.81%, which indicates a significant decrease from 75.79% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 48.55% in the past 14 days, which was lower than the 73.62% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.08, while its 200-day Moving Average is $4.54. Now, the first resistance to watch is $3.46. This is followed by the second major resistance level at $3.53. The third major resistance level sits at $3.69. If the price goes on to break the first support level at $3.23, it is likely to go to the next support level at $3.07. Should the price break the second support level, the third support level stands at $3.00.
Rayonier Advanced Materials Inc (NYSE: RYAM) Key Stats
The company with the Market Capitalisation of 220.85 million has total of 65,343K 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 368,670 K and last quarter income was -25,100 K.