Rayonier Advanced Materials (RYAM) to Release Earnings on Tuesday

Rayonier Advanced Materials (NYSE:RYAM) is anticipated to release its earnings data after the market closes on Tuesday, February 25th. Analysts expect Rayonier Advanced Materials to post earnings of ($0.30) per share for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.

Rayonier Advanced Materials Stock Up 4.6 %

RYAM opened at $7.41 on Friday. The company has a current ratio of 1.73, a quick ratio of 1.09 and a debt-to-equity ratio of 1.02. The stock has a market cap of $488.14 million, a PE ratio of -5.79 and a beta of 2.99. The stock’s fifty day simple moving average is $7.68 and its 200 day simple moving average is $8.00. Rayonier Advanced Materials has a 1-year low of $3.15 and a 1-year high of $10.28.

Analyst Upgrades and Downgrades

RYAM has been the topic of several recent research reports. Royal Bank of Canada increased their price objective on Rayonier Advanced Materials from $10.00 to $12.00 and gave the stock an “outperform” rating in a research report on Thursday, November 7th. StockNews.com upgraded Rayonier Advanced Materials from a “hold” rating to a “buy” rating in a research report on Monday, February 3rd.

Insiders Place Their Bets

In related news, Director Eric Bowen bought 12,500 shares of Rayonier Advanced Materials stock in a transaction dated Friday, December 13th. The shares were bought at an average cost of $8.04 per share, with a total value of $100,500.00. Following the acquisition, the director now owns 12,500 shares in the company, valued at $100,500. This trade represents a ∞ increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link. Company insiders own 3.14% of the company’s stock.

Rayonier Advanced Materials Company Profile

Rayonier Advanced Materials Inc manufactures and sells cellulose specialty products in the United States, China, Latin America, Canada, Japan, Europe, Latin America, other Asian countries, and internationally. It operates through High Purity Cellulose, Paperboard, and High-Yield Pulp segments. The company’s products include cellulose specialties, which are natural polymers that are used as raw materials to manufacture a range of consumer-oriented products, such as liquid crystal displays, impact-resistant plastics, thickeners for food products, pharmaceuticals, cosmetics, cigarette filters, high-tenacity rayon yarn for tires and industrial hoses, food casings, paints, and lacquers.