Yara International ASA (OTCMKTS:YARIY) Shares Gap Down - Here's What Happened

Key Points

• YARIY shares gapped down — the stock opened at $28.04 after a prior close of $30.92 and last traded at $28.12 on a volume of 18,025 shares.
• Analysts have recently upgraded the stock, leaving a MarketBeat consensus of "Strong Buy" (six Strong Buy ratings and one Hold) following upgrades from firms including Rothschild & Co Redburn, Pareto Securities, Zacks Research, and Arctic Securities.
• Yara's fundamentals show a market cap of $14.44 billion and a P/E of 10.54, with modest leverage (debt/equity 0.31) and the share trading above its 50-day ($25.85) and 200-day ($21.57) moving averages.

Yara International ASA (OTCMKTS:YARIY - Get Free Report) shares gapped down before the market opened on Wednesday . The stock had previously closed at $30.92, but opened at $28.04. Yara International ASA shares last traded at $28.12, with a volume of 18,025 shares.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on YARIY. Rothschild & Co Redburn upgraded Yara International ASA from a "strong sell" rating to a "hold" rating in a research report on Wednesday, February 4th. Pareto Securities upgraded Yara International ASA from a "hold" rating to a "strong-buy" rating in a research report on Tuesday. Zacks Research upgraded Yara International ASA from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, February 18th. Finally, Arctic Securiti upgraded Yara International ASA from a "hold" rating to a "strong-buy" rating in a research report on Monday, January 12th. Six equities research analysts have rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Strong Buy".

Yara International ASA Price Performance

The stock has a market cap of $14.44 billion, a price-to-earnings ratio of 10.54 and a beta of 0.59. The company has a 50-day moving average of $25.85 and a 200-day moving average of $21.57. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.89 and a current ratio of 1.72.

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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