Yara International ASA (OTCMKTS:YARIY) Trading Down 6% – Should You Sell?

Yara International ASA (OTCMKTS:YARIY)’s stock price dropped 6% during mid-day trading on Monday . The company traded as low as $24.55 and last traded at $24.55. Approximately 11,997 shares were traded during trading, a decline of 64% from the average daily volume of 33,447 shares. The stock had previously closed at $26.12.

Analyst Ratings Changes

YARIY has been the topic of a number of research reports. Citigroup downgraded Yara International ASA from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 11th. Zacks Research upgraded Yara International ASA from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 18th. Finally, Pareto Securities upgraded Yara International ASA from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 7th. Five investment analysts have rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy”.

Yara International ASA Stock Down 5.9%

The business has a 50-day simple moving average of $28.61 and a two-hundred day simple moving average of $24.47. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.02 and a current ratio of 1.79. The company has a market capitalization of $12.52 billion, a price-to-earnings ratio of 8.94 and a beta of 0.53.

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