Yara International ASA (OTCMKTS:YARIY) Sees Large Volume Increase – Should You Buy?

Shares of Yara International ASA (OTCMKTS:YARIY) saw unusually-strong trading volume on Friday . Approximately 146,650 shares were traded during trading, an increase of 355% from the previous session’s volume of 32,211 shares.The stock last traded at $27.30 and had previously closed at $27.5560.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on YARIY shares. Citigroup cut shares of Yara International ASA from a “strong-buy” rating to a “hold” rating in a report on Monday, May 11th. Zacks Research raised shares of Yara International ASA from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 18th. Pareto Securities raised shares of Yara International ASA from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 7th. Finally, Rothschild & Co Redburn raised shares of Yara International ASA from a “strong sell” rating to a “hold” rating in a report on Wednesday, February 4th. Five investment analysts have rated the stock with a Strong Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Yara International ASA currently has an average rating of “Buy”.

Yara International ASA Trading Down 1.5%

The company has a debt-to-equity ratio of 0.31, a current ratio of 1.79 and a quick ratio of 1.02. The stock has a market cap of $13.83 billion, a P/E ratio of 9.87 and a beta of 0.56. The firm’s fifty day moving average price is $28.64 and its two-hundred day moving average price is $24.10.

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