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

Yara International ASA (OTCMKTS:YARIY) shares saw unusually-strong trading volume on Wednesday . Approximately 42,894 shares were traded during trading, an increase of 28% from the previous session’s volume of 33,617 shares.The stock last traded at $24.7850 and had previously closed at $25.00.

Analyst Upgrades and Downgrades

Several analysts have issued reports on YARIY shares. Zacks Research upgraded Yara International ASA from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 18th. Pareto Securities upgraded Yara International ASA from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 7th. Finally, Citigroup downgraded Yara International ASA from a “strong-buy” rating to a “hold” rating in a report on Monday, May 11th. Four equities research analysts have rated the stock with a Strong Buy rating and two have given a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Buy”.

Yara International ASA Stock Up 3.7%

The company has a market cap of $13.00 billion, a price-to-earnings ratio of 9.28 and a beta of 0.53. The company has a current ratio of 1.79, a quick ratio of 1.02 and a debt-to-equity ratio of 0.31. The business has a fifty day moving average price of $28.34 and a two-hundred day moving average price of $24.67.

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

About Yara International ASA

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.