Rayonier Inc. (RYN) experienced unusually high volume on Dec. 21, as the stock lost 1.74% to a closing price of $21.98. The stock saw 1.31 million shares trade hands over the course of the day on 6,558 trades. Given that the stock’s average daily volume over the last month has been 768,341 shares a day, this represents a pretty substantial spike over the norm.
Rayonier Inc. has a P/B ratio of 2.08. It also has a P/E ratio of 61.1. The stock has traded between $29.88 and $21.84 over the last 52-weeks, its 50-day SMA is now $23.07, and its 200-day SMA $24.05.
Rayonier Inc is an international forest products company. It is engaged in activities associated with timberland management, sale and entitlement of real estate, and production and sale of high value specialty cellulose fibers.
Headquartered in Jacksonville, FL, Rayonier Inc. has 320 employees and is currently under the leadership of CEO David L. Nunes.
For a complete fundamental analysis analysis of Rayonier Inc., check out Equities.com’s Stock Valuation Analysis report for RYN. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.