Rayonier Advanced Materials (RYAM) Shares are Down -11.04%

Rayonier Advanced Materials (RYAM) : During the past 4 weeks, traders have been relatively bearish on Rayonier Advanced Materials (RYAM), hence the stock is down -12.11% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -11.42% relative to the S&P 500. The 4-week change in the price of the stock is -9.93% and the stock has fallen -11.04% in the past 1 week.

Rayonier Advanced Materials (NYSE:RYAM): The stock opened at $12.91 on Friday but the bulls could not build on the opening and the stock topped out at $12.91 for the day. The stock traded down to $12.18 during the day, due to lack of any buying support eventually closed down at $12.25 with a loss of -5.11% for the day. The stock had closed at $12.91 on the previous day. The total traded volume was 4,429,655 shares.

The stock has recorded a 20-day Moving Average of 15.9% and the 50-Day Moving Average is 10.16%. Rayonier Advanced Materials Inc. has dropped 14.45% during the last 3-month period . Year-to-Date the stock performance stands at 26.83%.

Rayonier Advanced Materials (RYAM) : The highest short term price target forecast on Rayonier Advanced Materials (RYAM) is $25 and the lowest target price is $8. A total of 3 equity analysts are currently covering the company. The average price of all the analysts is $15.67 with a standard deviation of $8.62.


Rayonier Advanced Materials Inc. (Rayonier Advanced Materials) is primarily engaged in producing cellulose specialties. The Companys product lines include cellulose specialties and commodity products. Cellulose specialties are polymers, used as raw materials to manufacture consumer-oriented products, such as cigarette filters, liquid crystal displays, impact-resistant plastics, thickeners for food products, pharmaceuticals, cosmetics, high-tenacity rayon yarn for tires and industrial hoses, food casings, paints and lacquers. Commodity products include commodity viscose and absorbent materials. Commodity products include commodity viscose and absorbent materials.

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