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

Shares of Yara International ASA (OTCMKTS:YARIYGet Free Report) saw an uptick in trading volume on Friday . 45,966 shares traded hands during mid-day trading, an increase of 98% from the previous session’s volume of 23,259 shares.The stock last traded at $29.1399 and had previously closed at $28.85.

Analysts Set New Price Targets

Several equities analysts have recently commented on YARIY shares. Arctic Securiti upgraded shares of Yara International ASA from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 12th. Zacks Research upgraded shares of Yara International ASA from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 18th. Finally, Rothschild & Co Redburn raised shares of Yara International ASA from a “strong sell” rating to a “hold” rating in a research note on Wednesday, February 4th. Five analysts have rated the stock with a Strong Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy”.

Read Our Latest Analysis on Yara International ASA

Yara International ASA Stock Up 0.7%

The company has a quick ratio of 0.89, a current ratio of 1.72 and a debt-to-equity ratio of 0.31. The firm has a 50 day moving average of $23.32 and a two-hundred day moving average of $20.37. The firm has a market capitalization of $14.80 billion, a price-to-earnings ratio of 10.80 and a beta of 0.71.

About Yara International ASA

(Get Free Report)

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.

Further Reading

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