Yara International ASA (OTCMKTS:YARIY) Sees Unusually-High Trading Volume - What's Next?

Key Points

• Trading volume surged 250% to approximately 123,919 shares, while Yara International’s stock traded at $21.3410, below its previous close of $21.60.
• Analyst sentiment has weakened: Barclays and Zacks Research moved the stock to “strong sell,” although the overall consensus rating remains Hold.
• Yara reported quarterly EPS of $0.48, missing the $0.59 consensus estimate by $0.11. The company has a $10.88 billion market capitalization, a 7.10 P/E ratio and a 9.11% net margin.

Shares of Yara International ASA (OTCMKTS:YARIY - Get Free Report) saw strong trading volume on Thursday. Approximately 123,919 shares were traded during mid-day trading, an increase of 250% from the previous session's volume of 35,420 shares. The stock last traded at $21.3410 and had previously closed at $21.60.

Analysts Set New Price Targets

YARIY has been the topic of several recent analyst reports. Barclays raised Yara International ASA to a "strong sell" rating in a research note on Friday, September 4th. Zacks Research cut Yara International ASA from a "hold" rating to a "strong sell" rating in a report on Thursday, October 1st. Two research analysts have rated the stock with a Strong Buy rating, three have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Hold".

Yara International ASA Price Performance

The company has a debt-to-equity ratio of 0.31, a current ratio of 1.78 and a quick ratio of 0.83. The firm has a market capitalization of $10.88 billion, a price-to-earnings ratio of 7.10 and a beta of 0.61. The business's fifty day simple moving average is $23.17 and its 200 day simple moving average is $24.81.

Yara International ASA (OTCMKTS:YARIY - Get Free Report) last announced its quarterly earnings data on Thursday, October 22nd. The basic materials company reported $0.48 earnings per share for the quarter, missing the consensus estimate of $0.59 by ($0.11). Yara International ASA had a net margin of 9.11% and a return on equity of 16.77%. On average, research analysts forecast that Yara International ASA will post 3.07 EPS for the current year.

About Yara International ASA

Yara International ASA is a Norway-based global fertilizer and crop nutrition company. Its business focuses on improving agricultural productivity through the production and distribution of nitrogen-based fertilizers, crop nutrition products and related agricultural solutions.

The company's product portfolio includes ammonia, urea, nitrates, compound and specialty fertilizers, as well as industrial nitrogen products. Yara also provides agronomic guidance and digital tools intended to help farmers improve nutrient management, crop yields and environmental performance.

Yara serves agricultural and industrial customers across a broad international market, with operations, production facilities and sales activities spanning Europe, the Americas, Africa and other regions.

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