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

Yara International ASA (OTCMKTS:YARIY) shares saw strong trading volume on Friday . 58,997 shares changed hands during trading, an increase of 194% from the previous session’s volume of 20,036 shares.The stock last traded at $25.1490 and had previously closed at $24.76.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the company. Rothschild & Co Redburn raised Yara International ASA from a “strong sell” rating to a “hold” rating in a report on Wednesday, February 4th. Zacks Research raised Yara International ASA from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 18th. Jefferies Financial Group raised shares of Yara International ASA from a “moderate sell” rating to a “strong-buy” rating in a report on Tuesday, November 11th. Finally, Arctic Securiti upgraded shares of Yara International ASA from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 12th. Five research 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 presently has a consensus rating of “Buy”.

Yara International ASA Trading Up 1.8%

The company has a debt-to-equity ratio of 0.35, a current ratio of 1.73 and a quick ratio of 0.86. The business’s 50 day moving average price is $22.08 and its 200-day moving average price is $19.76. The firm has a market capitalization of $12.84 billion, a price-to-earnings ratio of 9.37 and a beta of 0.73.

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.