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Rayonier Advanced Materials Breaks Above 200-Day Moving Average - Bullish for RYAM
By Market News Video Staff, Friday, July 9, 4:19 PM ET
In trading on Friday, shares of Rayonier Advanced Materials Inc (NYSE:RYAM) crossed above their 200 day moving average of $7.18, changing hands as high as $7.29 per share. Rayonier Advanced Materials Inc shares are currently trading up about 2.3% on the day. The chart below shows the one year performance of RYAM shares, versus its 200 day moving average:
Looking at the chart above, RYAM's low point in its 52 week range is $2.55 per share, with $11.30 as the 52 week high point — that compares with a last trade of $7.13.
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