Yara International ASA (OTCMKTS:YARIY) Shares Down 5.9% - What's Next?

Key Points

• Yara shares fell 5.9% to $27.10 in mid-day trading on Friday, with 15,031 shares traded — about 42% below the average session volume.
• Recent analyst upgrades have lifted the consensus to an average rating of Buy (five Strong Buy, two Hold); the company has a $13.71B market cap, a P/E of 10.0 and modest leverage (debt/equity 0.31).

Yara International ASA (OTCMKTS:YARIY - Get Free Report) shares traded down 5.9% during mid-day trading on Friday . The company traded as low as $27.10 and last traded at $27.10. 15,031 shares changed hands during mid-day trading, a decline of 42% from the average session volume of 26,000 shares. The stock had previously closed at $28.80.

Analyst Ratings Changes

Several analysts recently commented on the stock. Zacks Research raised shares of Yara International ASA from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, February 18th. Arctic Securiti upgraded Yara International ASA from a "hold" rating to a "strong-buy" rating in a report on Monday, January 12th. Finally, Rothschild & Co Redburn raised shares of Yara International ASA from a "strong sell" rating to a "hold" rating in a research report on Wednesday, February 4th. Five analysts have rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Buy".

Yara International ASA Stock Performance

The firm has a 50 day moving average price of $24.02 and a 200-day moving average price of $20.64. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.72 and a quick ratio of 0.89. The firm has a market capitalization of $13.71 billion, a price-to-earnings ratio of 10.00 and a beta of 0.71.

About Yara International ASA

Yara International ASA is a Norway-based chemical company that specializes in the production and distribution of mineral fertilizers and nitrogen-based crop nutrition solutions. Headquartered in Oslo, Yara is recognized for its comprehensive portfolio of products that support agricultural productivity, environmental protection and industrial applications. The company's operations span the entire value chain from ammonia production to the blending and distribution of finished fertilizer products.

The core of Yara's business centers on nitrogen-based fertilizers including ammonium nitrate, urea, calcium ammonium nitrate and specialty blends designed to optimize crop yield and nutrient use efficiency.

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