Rayonier Advanced Materials Inc (NYSE:RYAM) price on Friday, April 11, fall -1.68% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $4.68.
A look at the stock’s price movement, the close in the last trading session was $4.76, moving within a range at $4.56 and $4.82. The beta value (5-Year monthly) was 2.863. Turning to its 52-week performance, $10.28 and $3.71 were the 52-week high and 52-week low respectively. Overall, RYAM moved -10.69% over the past month.
Rayonier Advanced Materials Inc’s market cap currently stands at around $312.40 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Mar-04.
Analysts have a consensus estimate of 375.8M for the company’s revenue for the quarter, with a low and high estimate of 363M and 388.6M respectively. The average forecast suggests down to a -3.14% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 1.64B, representing a 0.49% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that RYAM is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
2 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 1 analyst(s) rate the stock as a Hold, 1 recommend RYAM as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
RYAM’s current price about -12.27% and -26.16% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 29.47, while 7-day volatility ratio is 9.70% and 5.64% in the 30-day chart. Further, Rayonier Advanced Materials Inc (RYAM) has a beta value of 2.61, and an average true range (ATR) of 0.37. Analysts have given the company’s stock an average 52-week price target of $9, forecast between a low of $9 and high of $9. Looking at the price targets, the low is -92.31% off current price level while to achieve the yearly target high, price needs to move -92.31%. Nonetheless, investors will most likely welcome a -92.31% jump to $9 which is the analysts’ median price.
If we refocus on Rayonier Advanced Materials Inc (NYSE:RYAM), historical trading data shows that trading volumes averaged 0.69 over the past 10 days and 512.25K over the past 3 months. The company’s latest data on shares outstanding shows there are 65.97 million shares.
The 4.59% of Rayonier Advanced Materials Inc’s shares are in the hands of company insiders while institutional holders own 77.48% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 0.65 million on 2025-03-14, giving us a short ratio of 1.16. The data shows that as of 2025-03-14 short interest in Rayonier Advanced Materials Inc (RYAM) stood at 120.0 of shares outstanding, with shares short falling to 0.92 million registered in 2025-02-14. Current price change has pushed the stock -43.27% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the RYAM stock continues to rise going into the next quarter.
