Yara International ASA (OTCMKTS:YARIY) Sees Strong Trading Volume – What’s Next?

Shares of Yara International ASA (OTCMKTS:YARIY) saw an uptick in trading volume on Friday . 45,966 shares changed hands during trading, an increase of 98% from the previous session’s volume of 23,259 shares.The stock last traded at $29.1399 and had previously closed at $28.85.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. Rothschild & Co Redburn upgraded Yara International ASA from a “strong sell” rating to a “hold” rating in a research report on Wednesday, February 4th. Zacks Research upgraded Yara International ASA from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 18th. Finally, Arctic Securiti raised Yara International ASA from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 12th. 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.com, the stock has an average rating of “Buy”.

Yara International ASA Stock Performance

The company has a market capitalization of $14.81 billion, a PE ratio of 10.81 and a beta of 0.71. The company has a 50 day moving average of $23.15 and a two-hundred day moving average of $20.28. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.72 and a quick ratio of 0.89.

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.