Yara International ASA (OTCMKTS:YARIY) Trading Down 6% – What’s Next?

Yara International ASA (OTCMKTS:YARIY)’s share price was down 6% during trading on Monday . The stock traded as low as $24.55 and last traded at $24.55. Approximately 11,997 shares traded hands during trading, a decline of 64% from the average daily volume of 33,447 shares. The stock had previously closed at $26.12.

Analysts Set New Price Targets

Several analysts have issued reports on YARIY shares. Pareto Securities raised shares of Yara International ASA from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 7th. Citigroup cut shares of Yara International ASA from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 11th. Finally, Zacks Research raised shares of Yara International ASA from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 18th. Five research analysts have rated the stock with a Strong Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy”.

Yara International ASA Price Performance

The stock has a market capitalization of $12.74 billion, a price-to-earnings ratio of 9.09 and a beta of 0.53. The firm’s fifty day moving average is $28.50 and its 200-day moving average is $24.56. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.79 and a quick ratio of 1.02.

Yara International ASA (OTCMKTS:YARIY) last announced its quarterly earnings data on Friday, April 24th. The basic materials company reported $0.82 earnings per share for the quarter, topping the consensus estimate of $0.76 by $0.06. The company had revenue of $4.26 billion during the quarter, compared to analyst estimates of $3.95 billion. Yara International ASA had a net margin of 8.58% and a return on equity of 23.06%. On average, sell-side analysts predict that Yara International ASA will post 3.33 earnings per share for the current year.

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.