10-May-2024
Globe Newswire (Sun, 12-May 10:12 AM ET)
Rayonier Advanced Materials (RYAM) Receives a Buy from RBC Capital
TipRanks (Thu, 9-May 6:54 AM ET)
RYAM Announces Improved First Quarter 2024 Results
Business Wire (Tue, 7-May 4:30 PM ET)
RYAM Announces Sale of Softwood Duty Refund Rights for $39 Million
Business Wire (Mon, 6-May 4:16 PM ET)
RYAM to Suspend Temiscaming High Purity Cellulose Plant Operations for an Indefinite Period
Business Wire (Mon, 29-Apr 4:05 PM ET)
RYAM Schedules First Quarter Earnings Release
Business Wire (Wed, 24-Apr 4:30 PM ET)
RYAM's Tartas Plant Successfully Ships Inaugural Truckload of 2G Bioethanol
Business Wire (Tue, 16-Apr 4:15 PM ET)
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)
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 May 10, 2024, RYAM stock price climbed to $4.59 with 681,347 million shares trading.
RYAM has a beta of 1.28, meaning it tends to be more sensitive to market movements. RYAM has a correlation of 0.05 to the broad based SPY ETF.
RYAM has a market cap of $299.93 million. This is considered a Small Cap stock.
Last quarter Rayonier Adv Materials reported $388 million in Revenue and -$.02 earnings per share. This fell short of revenue expectation by $-42 million and exceeded earnings estimates by $.08.
In the last 3 years, RYAM stock traded as high as $9.84 and as low as $2.44.
The top ETF exchange traded funds that RYAM belongs to (by Net Assets): VTI, IWM, AVUV, VXF, IWN.
RYAM has underperformed the market in the last year with a return of +0.4%, while the SPY ETF gained +27.8%. In the last 3 month period, RYAM fell short of the market, returning -1.1%, while SPY returned +4.2%. However, in the most recent 2 weeks RYAM has outperformed the stock market by returning +18.0%, while SPY returned +2.5%.
RYAM support price is $4.24 and resistance is $4.64 (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.