Yara International ASA (OTCMKTS:YARIY) Shares Gap Up – Still a Buy?

Yara International ASA (OTCMKTS:YARIY)’s share price gapped up prior to trading on Tuesday . The stock had previously closed at $25.21, but opened at $26.53. Yara International ASA shares last traded at $26.45, with a volume of 12,846 shares traded.

Analyst Ratings Changes

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

Yara International ASA Stock Performance

The company has a market capitalization of $13.65 billion, a price-to-earnings ratio of 9.96 and a beta of 0.71. The stock has a fifty day moving average price of $24.27 and a two-hundred day moving average price of $20.79. The company has a quick ratio of 0.89, a current ratio of 1.72 and a debt-to-equity ratio of 0.31.

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.