NEW YORK, Dec. 6, 2017 /PRNewswire/ -- In keeping with the commitment to dynamically provide members with timely information, WallStEquities.com has issued free tailored Stock Review on RYAM, UNVR, BAK, and VSM which is a click away at www.wallstequities.com/registration. This morning, WallStEquities.com has initiated research coverage on Rayonier Advanced Materials Inc. (NYSE: RYAM), Univar Inc. (NYSE: UNVR), Braskem S.A. (NYSE: BAK), and Versum Materials Inc. (NYSE: VSM). The major diversified chemicals industry includes companies that manufacture a broad array of chemicals and industrial gases. Their products are often used as raw materials in the manufacturing industry, including petrochemicals used to make plastics. Wall St. Equities' downloadable free reports on these stocks are available at: www.wallstequities.com/registration
Rayonier Advanced Materials
Florida headquartered Rayonier Advanced Materials Inc.'s stock finished Tuesday's session 0.54% higher at $18.65 with a total trading volume of 471,095 shares. The Company's shares have advanced 10.62% in the past month, 35.93% in the previous three months, and 20.63% since the start of this year. The stock is trading 20.31% above its 50-day moving average and 29.43% above its 200-day moving average. Additionally, shares of the Company, which manufactures and sells cellulose specialty products in the US, China, Japan, Canada, Europe, Latin America, other Asian countries, and internationally, have a Relative Strength Index (RSI) of 70.85.
On November 20th, 2017, Rayonier Advanced Materials announced that it has completed the acquisition of Tembec Inc., combining two complementary high purity cellulose businesses and diversifying its product offerings with integrated forest products, paper, paperboard, and newsprint businesses. The combined company, which will operate under the name Rayonier Advanced Materials, will be a stronger, more diversified global leader in its core businesses. The free report on RYAM can be accessed at: www.wallstequities.com/registration/?symbol=RYAM
On Tuesday, shares in Illinois headquartered Univar Inc. recorded a trading volume of 751,309 shares, which was above their three months average volume of 717,850 shares. The stock ended the session 1.21% lower at $29.41. The Company's shares have advanced 7.97% in the previous three months and 3.67% on an YTD basis. The stock is trading 0.29% below its 50-day moving average. Moreover, shares of Univar, which distributes commodity and specialty chemical products, and related services worldwide, have an RSI of 47.98.
On November 28th, 2017, Univar announced that the Company and its wholly owned subsidiary, Univar USA Inc. (the "Subsidiary"), have entered into an Amended Credit Agreement with Bank of America N.A. and other lenders to provide a new Term B loan facility in an aggregate principal amount of $2.28 billion, which replaces all of the Subsidiary's US dollar loans and $96.3 million of euro loans outstanding under its previous credit agreement dated July 01st, 2015. Download our actionable research report on UNVR at: www.wallstequities.com/registration/?symbol=UNVR
Brazil headquartered Braskem S.A.'s shares closed the day 1.05% higher at $27.91. The stock recorded a trading volume of 418,081 shares. The Company's shares have gained 7.39% over the previous three months and 31.59% on an YTD basis. The stock is trading 17.38% above its 200-day moving average. Additionally, shares of Braskem, which together with its subsidiaries, produces and sells thermoplastic resins, have an RSI of 41.18.
On November 10th, 2017, Braskem and Danish-based Haldor Topsoe, a world leader in catalysts and surface science, have signed a technological cooperation agreement to develop a pioneering route to produce monoethylene glycol from sugar. The agreement calls for the construction of a demonstration plant in Denmark, with operation slated to begin in 2019. Register for your free report coverage on BAK at: www.wallstequities.com/registration/?symbol=BAK
Shares in Arizona headquartered Versum Materials Inc. finished 0.50% higher at $35.95. The stock recorded a trading volume of 1.21 million shares, which was higher than its three months average volume of 440,370 shares. The Company's shares have advanced 28.07% on an YTD basis. The stock is trading above its 200-day moving average by 4.54%. Furthermore, shares of Versum Materials, which develops, manufactures, transports, and handles specialty materials to the semiconductor and display industries in the US, Taiwan, South Korea, China, Europe, and rest of Asia, have an RSI of 30.74.
On November 09th, 2017, Versum Materials reported its results for the fiscal Q4 and year ended September 30th, 2017. For Q4 2017, sales were $294.5 million, net income was $44.6 million, and adjusted EBITDA was $93.8 million. For the fiscal year 2017, sales were $1,126.9 million, net income was $193.0 million, and adjusted EBITDA was $371.6 million.
On November 10th, 2017, research firm Needham reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $41 a share to $45 a share. Get the free research report on VSM at: www.wallstequities.com/registration/?symbol=VSM
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