Is Rayonier Advanced Materials Inc (NYSE: RYAM) The Best Stock To Invest In?

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. The stock was recently discussed on Yahoo Finance as it revealed that Gabelli Funds to Host 15th Annual Specialty Chemicals Symposium Thursday, March 14, 2024.

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Stocks Info

Rayonier Advanced Materials Inc is listed on the NYSE in the Basic Materials sector while operating in the Chemicals industry. The current market capitalization of Rayonier Advanced Materials Inc is $256.37M. A total of 0.52 million shares were traded on the day, compared to an average of 555.82K shares.

In the most recent transaction, Posze James L Jr bought 3,000 shares of RYAM for 3.51 per share on Jun 01 ’23. After the transaction, the CAO & SVP, Human Resources now owns 192,286 company shares. In a previous transaction on May 30 ’23, Hicks Joshua C. bought 10,000 shares at 3.65 per share. RYAM shares that SVP, High Purity Cellulose owns now total 89,595.

Among the insiders who bought shares, Hicks Joshua C. acquired of 10,000 shares on May 25 ’23 at a per-share price of $3.96. This resulted in the SVP, High Purity Cellulose holding 79,595 shares of RYAM after the transaction. In another insider transaction, ADAIR CHARLES E bought 10,000 shares at $4.23 per share on May 18 ’23. Company shares held by the Director now total 110,707.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. In terms of 52-week highs and lows, RYAM has a high of $8.09 and a low of $2.66.

As of this writing, RYAM has an earnings estimate of -$0.07 per share for the current quarter. EPS was calculated based on a consensus of 3 estimates, with a high estimate of -$0.06 per share and a lower estimate of -$0.1. The company reported an EPS of -$0.26 in the last quarter, which was -116.70% lower than expectations of -$0.12.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. RYAM’s latest balance sheet shows that the firm has $291.82M in Cash & Short Term Investments as of fiscal 2021. There were $928.71M in debt and $354.56M in liabilities at the time. Its Book Value Per Share was $11.41, while its Total Shareholder’s Equity was $814.34M.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for RYAM is Buy with a score of 3.00.

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