Headlines about Rayonier Advanced Materials (NYSE:RYAM) have been trending positive recently, Accern Sentiment Analysis reports. Accern rates the sentiment of media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Rayonier Advanced Materials earned a news impact score of 0.33 on Accern’s scale. Accern also gave news coverage about the basic materials company an impact score of 47.4932376106585 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Several equities analysts have commented on RYAM shares. Royal Bank of Canada reissued a “buy” rating and set a $20.00 target price on shares of Rayonier Advanced Materials in a research report on Friday, November 3rd. Vertical Research downgraded Rayonier Advanced Materials from a “buy” rating to a “hold” rating in a research report on Thursday, January 4th. ValuEngine downgraded Rayonier Advanced Materials from a “buy” rating to a “hold” rating in a research report on Thursday, November 9th. Zacks Investment Research raised Rayonier Advanced Materials from a “strong sell” rating to a “hold” rating in a research report on Wednesday, November 8th. Finally, TheStreet raised Rayonier Advanced Materials from a “c” rating to a “b” rating in a research report on Wednesday, December 13th. One analyst has rated the stock with a sell rating, two have given a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. Rayonier Advanced Materials presently has a consensus rating of “Buy” and an average price target of $20.00.
Shares of Rayonier Advanced Materials (RYAM) traded down $0.14 during trading hours on Thursday, hitting $18.37. The stock had a trading volume of 91,537 shares, compared to its average volume of 694,108. The firm has a market capitalization of $782.88, a P/E ratio of 28.83, a P/E/G ratio of 2.06 and a beta of 4.03. Rayonier Advanced Materials has a 12 month low of $11.88 and a 12 month high of $20.99. The company has a current ratio of 1.46, a quick ratio of 1.20 and a debt-to-equity ratio of 2.19.
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Rayonier Advanced Materials Company Profile
Rayonier Advanced Materials Inc is engaged in the production of cellulose specialties. The Company’s product lines include cellulose specialties and commodity products. Its products are used in manufacturing processes. The Company’s products are sold throughout the world to companies for use in various industrial applications, and to produce a range of products, including cigarette filters, foods, pharmaceuticals, textiles and electronics.
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