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BidaskClub downgraded Rayonier Advanced Materials Inc (NYSE:RYAM) to Hold in a report released today.

Yesterday Rayonier Advanced Materials Inc (NYSE:RYAM) traded 0.83% higher at $15.70. The company’s 50-day moving average is $15.03 and its 200-day moving average is $14.14. The last stock close price is up -5.58% from the 200-day moving average, compared to the S&P 500 which has increased 0.05% over the same time. 648,667 shares of Rayonier Advanced Materials Inc exchanged hands, down from an avg. volume of 694,517

BidaskClub has downgraded Rayonier Advanced Materials Inc (NYSE:RYAM) to Hold in a report released on Saturday July 08, 2017.

Recent Performance Chart

Rayonier Advanced Materials Inc (NYSE:RYAM)

Rayonier Advanced Materials Inc has PE ratio of 16.05 with a one year low of $10.37 and a one year high of $17.60 and has a market capitalization of $0.

A total of 5 analysts have released a report on Rayonier Advanced Materials Inc. One analyst rating the company a strong buy, zero analysts rating the company a buy, three analysts rating the company a hold, one analyst rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $10.30.

General Company Details For Rayonier Advanced Materials Inc (NYSE:RYAM)

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. The Company focuses on producing various forms of cellulose specialties products, such as cellulose acetate and cellulose ethers. The Company's production facilities are located in Jesup, Georgia and Fernandina Beach, Florida. The Jesup plant can produce cellulose specialties or commodity products using both hardwood and softwood in a pre-hydrolyzed kraft or high potential of hydrogen (pH) cooking process. The Fernandina Beach plant can produce cellulose specialties or commodity products using softwood in a sulfite or low pH cooking process.

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