Yara International ASA (OTCMKTS:YARIY) Lowered to Hold Rating by Zacks Research

Zacks Research lowered shares of Yara International ASA (OTCMKTS:YARIY) from a strong-buy rating to a hold rating in a research note released on Wednesday,Zacks reports.

A number of other brokerages have also recently issued reports on YARIY. Citigroup cut shares of Yara International ASA from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 11th. Jefferies Financial Group cut shares of Yara International ASA from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 22nd. Two research analysts have rated the stock with a Strong Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

Yara International ASA Stock Performance

Shares of OTCMKTS YARIY opened at $24.84 on Wednesday. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.78 and a quick ratio of 0.83. The stock’s fifty day moving average price is $23.05 and its two-hundred day moving average price is $25.64. Yara International ASA has a one year low of $17.48 and a one year high of $31.28. The firm has a market cap of $12.65 billion, a price-to-earnings ratio of 8.25 and a beta of 0.57.

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.