Yara International ASA (OTCMKTS:YARIY) Reaches New 1-Year High – Here’s What Happened

Shares of Yara International ASA (OTCMKTS:YARIY) reached a new 52-week high during trading on Monday . The company traded as high as $25.81 and last traded at $25.68, with a volume of 6144 shares traded. The stock had previously closed at $25.5080.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on YARIY shares. Zacks Research upgraded shares of Yara International ASA from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 18th. Rothschild & Co Redburn upgraded Yara International ASA from a “strong sell” rating to a “hold” rating in a research report on Wednesday, February 4th. 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, Arctic Securiti upgraded Yara International ASA from a “hold” rating to a “strong-buy” rating in a report on Monday, January 12th. Five research analysts have rated the stock with a Strong Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, Yara International ASA currently has a consensus rating of “Buy”.

Yara International ASA Price Performance

The firm has a market capitalization of $13.12 billion, a P/E ratio of 9.57 and a beta of 0.71. The business’s fifty day moving average is $22.64 and its 200 day moving average is $20.07. The company has a current ratio of 1.72, a quick ratio of 0.89 and a debt-to-equity ratio of 0.31.

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.