Rayonier Inc. ( RYN ) was a big mover last session, as its shares rose almost 10% on the day. The rise came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend for the company, as the stock is now trading above the volatile price range of $41.18 to $42.95 in the past one-month time frame.
In the last 30 days, the company did not witness any estimate revision while the Zacks Consensus Estimate moved lower. Yesterday's price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Rayonier currently has a Zacks Rank #5 (Strong Sell) while its Earnings ESP is 0.00%.
Other better-ranked stocks in the industrial products sector include Zebra Technologies Corp. ( ZBRA ), Terex Corp. ( TEX ) and Worthington Industries, Inc. ( WOR ). All three sport a Zacks Rank #1 (Strong Buy).
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RAYONIER INC (RYN): Free Stock Analysis Report
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