Yara International ASA (OTCMKTS:YARIY) Hits New 1-Year High - Here's What Happened

Yara International ASA (OTCMKTS:YARIY - Get Free Report)'s share price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $19.00 and last traded at $18.85, with a volume of 12538 shares. The stock had previously closed at $18.47.

Analyst Ratings Changes

YARIY has been the subject of a number of recent research reports. BNP Paribas upgraded shares of Yara International ASA to a "strong-buy" rating in a research note on Wednesday, April 9th. Kepler Capital Markets upgraded shares of Yara International ASA from a "hold" rating to a "strong-buy" rating in a research note on Wednesday.

Yara International ASA Stock Up 3.7%

The business's 50 day moving average is $16.80 and its 200-day moving average is $15.25. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.83 and a quick ratio of 0.96. The company has a market cap of $9.96 billion, a PE ratio of 651.53 and a beta of 0.94.

Yara International ASA Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, June 18th. Stockholders of record on Tuesday, June 3rd will be given a dividend of $0.1846 per share. The ex-dividend date of this dividend is Monday, June 2nd. This represents a dividend yield of 1.02%. Yara International ASA's dividend payout ratio is presently 28.07%.

Yara International ASA Company Profile

Yara International ASA provides crop nutrition and industrial solutions in Norway, European Union, Europe, Africa, Asia, North and Latin America, Australia, and New Zealand. The company offers ammonium- and urea-based fertilizers; compound fertilizers that contain nutrients, such as nitrogen, phosphorus, and potassium; coatings; biostimulants; organic-based fertilizers; green fertilizers are nitrate-based mineral fertilizers, as well as foliar and fertigation solutions; and nitrate, calcium nitrate, micronutrient, and fertigation and urea fertilizers.