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Gabelli Funds to Host 15th Annual Specialty Chemicals Symposium Thursday, March 14, 2024
Globe Newswire (Wed, 6-Mar 8:00 AM ET)
RYAM Announces Participation in Four Equity Conferences
Business Wire (Fri, 1-Mar 8:30 AM ET)
RYAM and VERSO ENERGY Execute Memorandum of Understanding to Explore eSAF
Business Wire (Tue, 27-Feb 4:38 PM ET)
RYAM Announces Fourth Quarter and Full Year 2023 Results and Provides Improved Outlook for 2024
Business Wire (Tue, 27-Feb 4:35 PM ET)
RYAM Schedules Fourth Quarter Earnings Release
Business Wire (Tue, 13-Feb 4:30 PM ET)
RYAM Announces Amendment to Term Loan Credit Agreement
Business Wire (Tue, 2-Jan 4:30 PM ET)
Rayonier Advanced Materials Inc manufactures high-purity cellulose derived from wood. Also known as cellulose specialties, the company's products are used in a variety of applications, including cigarette filters, liquid crystal displays, paints, pharmaceuticals, and food. The company operates in the reportable segments of High Purity Cellulose, Paperboard, High-Yield Pulp, and Corporate and Other. The key revenue is derived from the High Purity Cellulose segment. Geographically, it derives a majority of revenue from the United States.
Rayonier Adv Materials trades on the NYSE stock market under the symbol RYAM.
As of March 28, 2024, RYAM stock price climbed to $4.78 with 395,830 million shares trading.
RYAM has a beta of 1.44, meaning it tends to be more sensitive to market movements. RYAM has a correlation of 0.07 to the broad based SPY ETF.
RYAM has a market cap of $312.34 million. This is considered a Small Cap stock.
Last quarter Rayonier Adv Materials reported $422 million in Revenue and -$.22 earnings per share. This beat revenue expectation by $12 million and missed earnings estimates by -$.15.
In the last 3 years, RYAM stock traded as high as $9.98 and as low as $2.44.
The top ETF exchange traded funds that RYAM belongs to (by Net Assets): IWM, VTI, AVUV, VXF, IWN.
RYAM stock has underperformed the market in the last year with a return of -21.5%, while SPY returned +33.6%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in RYAM shares. However, RYAM has outperformed the market in the last 3 month and 2 week periods, returning +16.0% and +17.2%, while SPY returned +10.1% and +1.7%, respectively. This indicates RYAM has been having a stronger performance recently.
RYAM support price is $4.57 and resistance is $4.97 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that RYAM stock will trade within this expected range on the day.