Rayonier Inc. (NYSE:RYN) shares fell to a low of $37.67 before closing at $37.88. Intraday shares traded counted 0.85 million, which was -33.94% lower than its 30-day average trading volume of 631.86K. RYN’s previous close was $37.89 while the outstanding shares total 137.87M. The firm has a beta of 0.96, a 12-month trailing P/E ratio of 242.82, and a growth ratio of 48.56. The stock’s Relative Strength Index (RSI) is 61.82, with weekly volatility at 2.41% and ATR at 0.90. The RYN stock’s 52-week price range has touched low of $21.92 and a $38.98 high. The stock traded lower over the last trading session, losing -0.03% on 05/18/21.
Investors have identified the REIT – Specialty company Rayonier Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $5.20 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Rayonier Inc. (RYN) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. In terms of their assets, the company currently has 190.08 million total, with 100.84 million as their total liabilities.
Having a look at the company’s valuation, the company is expected to record 0.48 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on RYN sounds very interesting.
Is the stock of RYN attractive?
In related news, VP, GC and Secretary, Bridwell Mark R sold 5,000 shares of the company’s stock in a transaction that recorded on Mar 12. The sale was performed at an average price of 33.50, for a total value of 167,500. As the sale deal closes, the Director, MOORE MERIDEE now bought 15,000 shares of the company’s stock, valued at 493,800. Also, SVP, Forest Resources, Long Douglas M sold 5,000 shares of the company’s stock in a deal that was recorded on Feb 11. The shares were price at an average price of 34.31 per share, with a total market value of 171,550. Following this completion of acquisition, the Chief Executive Officer, NUNES DAVID L now holds 7,500 shares of the company’s stock, valued at 228,750. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.60%.
0 out of 6 analysts covering the stock have rated it a Buy, while 5 have maintained a Hold recommendation on Rayonier Inc.. 0 analysts has assigned a Sell rating on the RYN stock. The 12-month mean consensus price target for the company’s shares has been set at $33.25.