Rayonier Advanced Materials Inc. is engaged in specialty cellulose materials. Co. has three segments. The High Purity Cellulose segment offers cellulose specialties products, which are natural polymers, used as raw materials to manufacture a range of consumer-oriented products, such as liquid crystal displays, impact-resistant plastics, thickeners for food products, pharmaceuticals, cosmetics, cigarette filters, high-tenacity rayon yarn for tires and industrial hoses, food casings, and lacquers. Paperboard segment manufactures paperboard at the Temiscaming plant in Quebec, Canada. Its production facility has an annual production capacity of approximately 180,000 MTs of paperboard. We show 42 historical shares outstanding datapoints in our RYAM shares outstanding history coverage, used to compute RYAM market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing RYAM market cap history over the course of time is important for investors
interested in comparing RYAM's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of RYAM versus a peer is one thing; comparing
RYAM market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like RYAM can fluctuate over the course of history.
With this page we aim to empower investors researching RYAM by allowing them to research the RYAM market cap history. |
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Video: The Importance of Market Cap
