Rayonier Advanced Materials Inc (NYSE: RYAM) stock closed at $9.83 on 11/6/24 after a major increase of 20.9%. Moreover, trading volume in this advance was exceptionally high at 411% of normal. The stock has risen 24.3% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
RYAM is expected to continue to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.
Rayonier Advanced Materials has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects complementary signals from PTR’s two proprietary measures of a stock’s attractiveness. Rayonier Advanced Materials has a slightly positive Appreciation Score of 64 and a very high Power Rating of 100, and the Highest Value Trend Rating results.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
Be the first to comment