Yara International ASA (OTCMKTS:YARIY) Hits New 12-Month High – Should You Buy?

Yara International ASA (OTCMKTS:YARIY)’s stock price hit a new 52-week high during trading on Wednesday . The company traded as high as $21.18 and last traded at $21.1420, with a volume of 2356 shares trading hands. The stock had previously closed at $19.71.

Analysts Set New Price Targets

YARIY has been the topic of a number of research reports. Pareto Securities raised Yara International ASA to a “hold” rating in a report on Friday, October 3rd. Arctic Securiti upgraded Yara International ASA from a “hold” rating to a “strong-buy” rating in a research note on Monday. Jefferies Financial Group raised Yara International ASA from a “moderate sell” rating to a “strong-buy” rating in a report on Tuesday, November 11th. Finally, Zacks Research cut shares of Yara International ASA from a “strong-buy” rating to a “hold” rating in a research note on Friday, September 26th. Four equities research analysts have rated the stock with a Strong Buy rating and two have given 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 stock’s 50 day moving average price is $19.32 and its two-hundred day moving average price is $18.84. The company has a current ratio of 1.73, a quick ratio of 0.86 and a debt-to-equity ratio of 0.35. The firm has a market capitalization of $10.57 billion, a price-to-earnings ratio of 14.31 and a beta of 0.70.

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.