Rayonier Advanced Materials Inc (NYSE:RYAM) shares, rose in value on Friday, March 28, with the stock price down by -3.64% to the previous day’s close as strong demand from buyers drove the stock to $5.56.
Actively observing the price movement in the last trading, the stock closed the session at $5.77, falling within a range of $5.505 and $5.755. The value of beta (5-year monthly) was 3.018. Referring to stock’s 52-week performance, its high was $10.28, and the low was $3.71. On the whole, RYAM has fluctuated by -27.23% over the past month.
With the market capitalization of Rayonier Advanced Materials Inc currently standing at about $371.14 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Mar-04.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 1.64B, with a low estimate of 363M and a high estimate of 388.6M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 375.8M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that RYAM’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the price of RYAM currently trading nearly -4.92% and -19.47% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 36.71, while the 7-day volatility ratio is showing 4.32% which for the 30-day chart, stands at 5.30%. Furthermore, Rayonier Advanced Materials Inc (RYAM)’s beta value is 2.87, and its average true range (ATR) is 0.30.
A comparison of Rayonier Advanced Materials Inc (RYAM) with its peers suggests the former has fared considerably weaker in the market. RYAM showed an intraday change of -3.64% in last session, and over the past year, it grew by 23.28%%.
Data on historical trading for Rayonier Advanced Materials Inc (NYSE:RYAM) indicates that the trading volumes over the past 10 days have averaged 0.52 and over the past 3 months, they’ve averaged 482.41K. According to company’s latest data on outstanding shares, there are 65.97 million shares outstanding.
Nearly 4.59% of Rayonier Advanced Materials Inc’s shares belong to company insiders and institutional investors own 77.50% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 0.65 million shares as on 2025-03-14, resulting in a short ratio of 1.16. According to the data, the short interest in Rayonier Advanced Materials Inc (RYAM) stood at 120.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 0.92 million. The stock has fallen by -32.61% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the RYAM stock heading into the next quarter.
