Yara International ASA (OTCMKTS:YARIY) Shares Gap Down – Here’s What Happened

Yara International ASA (OTCMKTS:YARIY)’s share price gapped down prior to trading on Monday . The stock had previously closed at $29.64, but opened at $27.92. Yara International ASA shares last traded at $27.97, with a volume of 1,280 shares traded.

Analysts Set New Price Targets

Several research firms recently weighed in on YARIY. Zacks Research upgraded Yara International ASA from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 18th. Pareto Securities upgraded Yara International ASA from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 7th. Rothschild & Co Redburn upgraded Yara International ASA from a “strong sell” rating to a “hold” rating in a research note on Wednesday, February 4th. Finally, Arctic Securiti upgraded Yara International ASA from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 12th. Five analysts have rated the stock with a Strong Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Strong Buy”.

Yara International ASA Trading Down 0.0%

The firm has a 50 day simple moving average of $26.95 and a 200 day simple moving average of $22.29. The company has a current ratio of 1.72, a quick ratio of 0.89 and a debt-to-equity ratio of 0.31. The firm has a market capitalization of $14.34 billion, a PE ratio of 10.47 and a beta of 0.59.

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.