Yara International ASA (OTCMKTS:YARIY) Hits New 52-Week High – What’s Next?

Yara International ASA (OTCMKTS:YARIY)’s share price hit a new 52-week high during trading on Wednesday . The company traded as high as $24.61 and last traded at $24.61, with a volume of 19722 shares changing hands. The stock had previously closed at $24.3440.

Analysts Set New Price Targets

YARIY has been the topic of several research reports. 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. Arctic Securiti upgraded shares of Yara International ASA from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 12th. Jefferies Financial Group upgraded Yara International ASA from a “moderate sell” rating to a “strong-buy” rating in a research report on Tuesday, November 11th. Finally, Zacks Research raised Yara International ASA from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 18th. Five analysts have rated the stock with a Strong Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Yara International ASA currently has an average rating of “Buy”.

Yara International ASA Trading Up 1.1%

The company has a quick ratio of 0.86, a current ratio of 1.73 and a debt-to-equity ratio of 0.35. The company’s fifty day moving average price is $21.89 and its two-hundred day moving average price is $19.69. The firm has a market cap of $12.54 billion, a PE ratio of 9.15 and a beta of 0.73.

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.