With 0.51 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.61 million shares. The 52-week range on RYAM shows that it touched its highest point at $10.28 and its lowest point at $3.45 during that stretch. It currently has a 1-year price target of $6.50. Beta for the stock currently stands at 2.52.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of RYAM was up-trending over the past week, with a rise of 3.57%, but this was down by -7.73% over a month. Three-month performance dropped to -45.06% while six-month performance fell -57.44%. The stock lost -11.16% in the past year, while it has lost -50.79% so far this year. A look at the trailing 12-month EPS for RYAM yields -1.05 with Next year EPS estimates of 0.20. For the next quarter, that number is -0.23. This implies an EPS growth rate of -960.00% for this year and 137.11% for next year.
Float and Shares Shorts:
At present, 66.75 million RYAM shares are outstanding with a float of 63.67 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for RYAM since 2 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.11227 being high and -$0.12193 being low. For RYAM, this leads to a yearly average estimate of -$0.11667.
