Rayonier Advanced Materials Inc (RYAM) kicked off at the price of $8.14: Venture capitalists have an exciting new opportunity

QCOM

On Monday, Rayonier Advanced Materials Inc (NYSE: RYAM) was -9.05% drop from the session before settling in for the closing price of $8.95. A 52-week range for RYAM has been $2.66 – $8.97.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

Basic Materials Sector giant saw their annual sales slid by -2.23% over the last five years. When this article was written, the company’s average yearly earnings per share was at 91.36%. With a float of $62.88 million, this company’s outstanding shares have now reached $65.39 million.

The firm has a total of 2800 workers. Let’s measure their productivity. In terms of profitability, gross margin is 7.58%, operating margin of 2.34%, and the pretax margin is -6.69%.

Rayonier Advanced Materials Inc (RYAM) Breakdown of a Key Holders of the stock

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Rayonier Advanced Materials Inc stocks. The insider ownership of Rayonier Advanced Materials Inc is 4.58%, while institutional ownership is 75.81%.

Rayonier Advanced Materials Inc (RYAM) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around 91.36% per share during the next fiscal year.

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

You can see what Rayonier Advanced Materials Inc (RYAM) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.09. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.34. Likewise, its price to free cash flow for the trailing twelve months is 27.17.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.20, a number that is poised to hit -0.11 in the next quarter and is forecasted to reach 0.36 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 0.48 million was lower than the volume posted last year of 0.53 million. As of the previous 9 days, the stock’s Stochastic %D was 60.21%. Additionally, its Average True Range was 0.34.

During the past 100 days, Rayonier Advanced Materials Inc’s (RYAM) raw stochastic average was set at 79.04%, which indicates a significant increase from 10.75% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 44.72% in the past 14 days, which was lower than the 63.22% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $7.80, while its 200-day Moving Average is $5.52. Now, the first resistance to watch is $8.51. This is followed by the second major resistance level at $8.89. The third major resistance level sits at $9.12. If the price goes on to break the first support level at $7.90, it is likely to go to the next support level at $7.67. Now, if the price goes above the second support level, the third support stands at $7.29.

Rayonier Advanced Materials Inc (NYSE: RYAM) Key Stats

There are 65,576K outstanding shares of the company, which has a market capitalization of 536.34 million. As of now, sales total 1,643 M while income totals -101,840 K. Its latest quarter income was 419,050 K while its last quarter net income were 11,390 K.