Yara International ASA (OTCMKTS:YARIY) Shares Gap Down - Time to Sell?

Key Points

• Gapped down: Yara's stock fell from a close of $28.80 to an open of $25.99 and last traded at $25.72 on light volume (3,106 shares).
• Analysts upgrading: Multiple firms recently raised ratings (including upgrades to "strong-buy"), leaving the consensus at an average "Buy" (five Strong Buy, two Hold).
• Valuation and technicals show a market cap of $12.93 billion, P/E of 9.43, fifty‑day/200‑day moving averages of $24.16/$20.74, debt/equity of 0.31 and a current ratio of 1.72.

Yara International ASA (OTCMKTS:YARIY - Get Free Report)'s stock price gapped down before the market opened on Monday . The stock had previously closed at $28.80, but opened at $25.99. Yara International ASA shares last traded at $25.72, with a volume of 3,106 shares changing hands.

Wall Street Analysts Forecast Growth

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

Yara International ASA Price Performance

The firm has a fifty day moving average price of $24.16 and a two-hundred day moving average price of $20.74. The stock has a market capitalization of $12.93 billion, a P/E ratio of 9.43 and a beta of 0.71. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.89 and a current ratio of 1.72.

Yara International ASA Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.