Rayonier Advanced Materials Inc (RYAM) recent quarterly performance of -8.33% is not showing the real picture

Rayonier Advanced Materials Inc (NYSE: RYAM) established initial surge of 1.75% at $4.07, before settling in for the price of $4.00 at the close. Taking a more long-term approach, RYAM posted a 52-week range of $2.66-$5.76.

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The Basic Materials Sector giants’ yearly sales growth during the last 5-year period was -2.23%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 55.14%. This publicly-traded company’s shares outstanding now amounts to $65.39 million, simultaneously with a float of $62.49 million. The organization now has a market capitalization sitting at $266.75 million. At the time of writing, stock’s 50-day Moving Average stood at $4.19, while the 200-day Moving Average is $3.77.

Rayonier Advanced Materials Inc (RYAM) Ownership Facts and Figures

Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the Rayonier Advanced Materials Inc industry. Rayonier Advanced Materials Inc’s current insider ownership accounts for 4.66%, in contrast to 70.47% institutional ownership. According to the most recent insider trade that took place on Jun 01 ’23, this organization’s CAO & SVP, Human Resources bought 3,000 shares at the rate of 3.51, making the entire transaction reach 10,530 in total value, affecting insider ownership by 192,286. Preceding that transaction, on May 30 ’23, Company’s SVP, High Purity Cellulose bought 10,000 for 3.65, making the whole transaction’s value amount to 36,500. This particular insider is now the holder of 89,595 in total.

Rayonier Advanced Materials Inc (RYAM) Earnings and Revenue Records

Rayonier Advanced Materials Inc’s EPS increase for this current 12-month fiscal period is 55.14% and is forecasted to reach 0.15 in the upcoming year.

Rayonier Advanced Materials Inc (NYSE: RYAM) Trading Performance Indicators

Let’s observe the current performance indicators for Rayonier Advanced Materials Inc (RYAM). It’s Quick Ratio in the last reported quarter now stands at 0.98. The Stock has managed to achieve an average true range (ATR) of 0.23. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.17.

In the same vein, RYAM’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -1.61, a figure that is expected to reach -0.09 in the next quarter, and analysts are predicting that it will be 0.15 at the market close of one year from today.

Technical Analysis of Rayonier Advanced Materials Inc (RYAM)

Now, what If we examine the latest scores posted by [Rayonier Advanced Materials Inc, RYAM]. During the last 5-days, its volume was better the volume of 0.52 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 66.51% While, its Average True Range was 0.24.

Raw Stochastic average of Rayonier Advanced Materials Inc (RYAM) in the period of the previous 100 days is set at 53.80%, which indicates a major fall in contrast to 55.04% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 63.87% that was lower than 64.47% volatility it exhibited in the past 100-days period.