Yara International ASA (OTCMKTS:YARIY) Shares Up 3.3% - Should You Buy?

Yara International ASA (OTCMKTS:YARIY - Get Free Report)'s share price shot up 3.3% during mid-day trading on Tuesday . The stock traded as high as $19.17 and last traded at $19.17. 26,710 shares changed hands during trading, an increase of 77% from the average session volume of 15,074 shares. The stock had previously closed at $18.56.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on YARIY. Kepler Capital Markets raised shares of Yara International ASA from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, June 11th. BNP Paribas upgraded shares of Yara International ASA to a "strong-buy" rating in a research note on Wednesday, April 9th.

Yara International ASA Price Performance

The company's 50 day moving average is $18.11 and its 200 day moving average is $15.81. The company has a current ratio of 1.90, a quick ratio of 0.96 and a debt-to-equity ratio of 0.46. The stock has a market capitalization of $9.76 billion, a price-to-earnings ratio of 33.62 and a beta of 0.93.

Yara International ASA Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, June 18th. Shareholders of record on Tuesday, June 3rd were paid a $0.1846 dividend. The ex-dividend date of this dividend was Monday, June 2nd. This represents a yield of 1.02%. Yara International ASA's dividend payout ratio is presently 29.82%.

About Yara International ASA

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.

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