Rayonier Advanced Materials Inc (NYSE: RYAM) on Monday, plunged -8.02% from the previous trading day, before settling in for the closing price of $7.98. Within the past 52 weeks, RYAM’s price has moved between $2.66 and $8.97.
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Basic Materials Sector giant saw their annual sales slid by -2.23% over the last five years. The company achieved an average annual earnings per share of 66.05%. 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
Observing investor behavior towards Chemicals industry stocks is more important than anything else. The insider ownership of Rayonier Advanced Materials Inc is 4.58%, while institutional ownership is 75.38%.
Rayonier Advanced Materials Inc (RYAM) Recent Fiscal highlights
As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported -0.39 earnings per share (EPS) for the period falling under the consensus outlook (set at -0.31) by -0.08. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.23 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 66.05% per share during the next fiscal year.
Rayonier Advanced Materials Inc (NYSE: RYAM) Trading Performance Indicators
Rayonier Advanced Materials Inc (RYAM) is currently performing well based on its current performance indicators. A quick ratio of 1.09 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.30. Likewise, its price to free cash flow for the trailing twelve months is 24.50.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.20, a number that is poised to hit -0.17 in the next quarter and is forecasted to reach 0.29 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 0.53 million was better than the volume posted last year of 0.53 million. As of the previous 9 days, the stock’s Stochastic %D was 6.72%. Additionally, its Average True Range was 0.33.
During the past 100 days, Rayonier Advanced Materials Inc’s (RYAM) raw stochastic average was set at 57.88%, which indicates a significant increase from 0.91% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 54.13% in the past 14 days, which was lower than the 63.70% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.94, while its 200-day Moving Average is $5.62. Now, the first resistance to watch is $7.76. This is followed by the second major resistance level at $8.19. The third major resistance level sits at $8.41. If the price goes on to break the first support level at $7.12, it is likely to go to the next support level at $6.90. Now, if the price goes above the second support level, the third support stands at $6.47.
Rayonier Advanced Materials Inc (NYSE: RYAM) Key Stats
Market capitalization of the company is 483.63 million based on 65,576K outstanding shares. Right now, sales total 1,643 M and income totals -101,840 K. The company made 419,050 K in profit during its latest quarter, and 11,390 K in sales during its previous quarter.
