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

Shares of Yara International ASA (OTCMKTS:YARIY) saw strong trading volume on Monday . 18,395 shares were traded during trading, an increase of 6% from the previous session’s volume of 17,308 shares.The stock last traded at $22.64 and had previously closed at $22.49.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on YARIY. Jefferies Financial Group upgraded Yara International ASA from a “moderate sell” rating to a “strong-buy” rating in a research report on Tuesday, November 11th. Arctic Securiti upgraded shares of Yara International ASA from a “hold” rating to a “strong-buy” rating in a report on Monday, January 12th. Finally, Pareto Securities raised shares of Yara International ASA to a “hold” rating in a research note on Friday, October 3rd. Four investment analysts have rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Buy”.

Yara International ASA Price Performance

The company has a quick ratio of 0.86, a current ratio of 1.73 and a debt-to-equity ratio of 0.35. The firm’s fifty day moving average price is $19.95 and its 200-day moving average price is $19.02. The stock has a market cap of $11.64 billion, a P/E ratio of 15.76 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.