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Rayonier Advanced Materials (RYAM) Catches Eye: Stock Up 7%

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Rayonier Advanced Materials Inc. (RYAM - Free Report) was a big mover last session, as the company saw its shares rise around 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 30% in the past one-month time frame.

The company has seen one negative estimate revision in the past 30 days. Also, its Zacks Consensus Estimate moved lower over the same timeframe. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Rayonier Advanced Materials currently carries a Zacks Rank #3 (Hold).

Rayonier Advanced Materials Inc. Price

 

A better-ranked stock in the Chemical-Plastic industry is Westlake Chemical Corporation (WLK - Free Report) holding a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Is RYAM going up? Or down? Predict to see what others think: Up or Down

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