Yara International ASA (OTCMKTS:YARIY) Shares Gap Up – What’s Next?

Yara International ASA (OTCMKTS:YARIY) shares gapped up prior to trading on Monday . The stock had previously closed at $23.53, but opened at $24.44. Yara International ASA shares last traded at $24.60, with a volume of 1,341 shares trading hands.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on YARIY. Citigroup downgraded Yara International ASA from a “strong-buy” rating to a “hold” rating in a report on Monday, May 11th. Zacks Research upgraded Yara International ASA from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 21st. Finally, Jefferies Financial Group downgraded Yara International ASA from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 22nd. Three analysts have rated the stock with a Strong Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy”.

Yara International ASA Stock Performance

The stock’s 50-day moving average is $22.86 and its 200-day moving average is $25.63. The company has a current ratio of 1.78, a quick ratio of 0.83 and a debt-to-equity ratio of 0.31. The stock has a market cap of $12.47 billion, a price-to-earnings ratio of 8.13 and a beta of 0.56.

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.