Yara International ASA (OTCMKTS:YARIY) Shares Gap Down – Should You Sell?

Yara International ASA (OTCMKTS:YARIY)’s share price gapped down before the market opened on Wednesday . The stock had previously closed at $28.76, but opened at $27.05. Yara International ASA shares last traded at $28.62, with a volume of 5,544 shares traded.

Wall Street Analyst Weigh In

YARIY has been the topic of several analyst reports. Arctic Securiti upgraded Yara International ASA from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 12th. Rothschild & Co Redburn raised Yara International ASA from a “strong sell” rating to a “hold” rating in a research report on Wednesday, February 4th. 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 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, the stock has a consensus rating of “Buy”.

Yara International ASA Stock Down 1.2%

The business has a 50-day moving average of $25.13 and a 200 day moving average of $21.19. The company has a market capitalization of $14.70 billion, a PE ratio of 10.73 and a beta of 0.71. 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.