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

Shares of Yara International ASA (OTCMKTS:YARIYGet Free Report) saw an uptick in trading volume on Thursday . 136,970 shares were traded during trading, an increase of 320% from the previous session’s volume of 32,650 shares.The stock last traded at $28.78 and had previously closed at $28.92.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on YARIY. Zacks Research raised Yara International ASA from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 18th. Rothschild & Co Redburn raised Yara International ASA from a “strong sell” rating to a “hold” rating in a research report on Wednesday, February 4th. Pareto Securities raised Yara International ASA from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 7th. 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 analysts have rated the stock with a Strong Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Strong Buy”.

Get Our Latest Report on Yara International ASA

Yara International ASA Stock Performance

The firm has a market capitalization of $14.70 billion, a P/E ratio of 10.73 and a beta of 0.59. The company’s 50 day moving average is $27.04 and its 200-day moving average is $22.34. The company has a quick ratio of 0.89, a current ratio of 1.72 and a debt-to-equity ratio of 0.31.

About Yara International ASA

(Get Free Report)

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.

Further Reading

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