Rayonier (RYN) : During the past 4 weeks, traders have been relatively bearish on Rayonier (RYN), hence the stock is down -1.15% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.65% relative to the S&P 500. The 4-week change in the price of the stock is -0.77% and the stock has fallen -1.68% in the past 1 week.
Rayonier Inc. is up 6.78% in the last 3-month period. Year-to-Date the stock performance stands at 23.76%. The stock has recorded a 20-day Moving Average of 0.75% and the 50-Day Moving Average is 1.71%.
Rayonier (NYSE:RYN): The stock opened at $26.85 on Friday but the bulls could not build on the opening and the stock topped out at $27.01 for the day. The stock traded down to $26.75 during the day, due to lack of any buying support eventually closed down at $26.91 with a loss of -0.30% for the day. The stock had closed at $26.99 on the previous day. The total traded volume was 439,183 shares.
Rayonier Inc. (Rayonier) is a timberland real estate investment trust (REIT). As of December 31, 2014, the Company owned, leased or managed 2.7 million acres of timberlands located in the United States South (1.9 million acres), United States Pacific Northwest (372,000 acres) and New Zealand (451,000 gross acres, or 309,000 net plantable acres). In addition, the Company is engaged in the trading of logs from New Zealand and Australia to Pacific Rim markets, primarily to support New Zealand export operations. The Company operates through five segments: Southern Timber, Pacific Northwest Timber, New Zealand Timber, Real Estate and Trading. The Companys Timber segments own or lease approximately 2.7 million acres of timberlands located in the United States and New Zealand. The Companys Real Estate segments holdings are primarily in the southeastern United States. The Companys Trading segment consists of log trading activities in New Zealand and Australia.