Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Rayonier Advanced Materials Inc shares valued at $100,500 were purchased by Bowen Eric on Dec 13 ’24. At $8.04 per share, Bowen Eric acquired 12,500 shares. The insider’s holdings grew to 12,500 shares worth approximately $68125.0 following the completion of this transaction.
As published in a research note from RBC Capital Mkts on May 11, 2023, Rayonier Advanced Materials Inc [RYAM] has been rated up from a Sector perform to an Outperform and the price target has been revised to $7. Analysts at RBC Capital Mkts downgraded the stock from ‘”an Outperform”‘ to ‘”a Sector perform”‘ outlook in a report released in early January. As of July 18, 2022, RBC Capital Mkts has increased its “Sector perform” rating to a “an Outperform” for RYAM. Earlier on April 07, 2022, RBC Capital Mkts downgraded its rating. Their new recommendation was “a Sector perform” for RYAM stock which previously was a “an Outperform”.
Analyzing RYAM Stock Performance
During the last five days, there has been a drop of approximately -27.24%. Over the course of the year, Rayonier Advanced Materials Inc shares have dropped approximately -33.94%. Shares of the company reached a 52-week high of $8.56 on 01/29/25 and a 52-week low of $5.28 on 03/12/25. A 50-day SMA is recorded $7.47, while a 200-day SMA reached $7.36.
Support And Resistance Levels for Rayonier Advanced Materials Inc (RYAM)
According to the 24-hour chart, there is a support level at 5.30, which, if violated, would cause prices to drop to 5.16. In the upper region, resistance lies at 5.57. The next price resistance is at 5.69. RSI (Relative Strength Index) is 23.07 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.43, which suggests the price will decrease in the coming days. Percent R is at 93.10%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
