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

Yara International ASA (OTCMKTS:YARIY) was downgraded by equities researchers at Zacks Research from a “strong-buy” rating to a “hold” rating in a note issued to investors on Wednesday, Zacks reports.

A number of other equities research analysts have also weighed in on the stock. Citigroup lowered shares of Yara International ASA from a “strong-buy” rating to a “hold” rating in a report on Monday, May 11th. Jefferies Financial Group lowered 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 assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

Yara International ASA Stock Performance

OTCMKTS YARIY opened at $24.84 on Wednesday. The firm’s 50 day simple moving average is $23.05 and its 200 day simple moving average is $25.64. The firm has a market capitalization of $12.65 billion, a price-to-earnings ratio of 8.25 and a beta of 0.57. Yara International ASA has a 1 year low of $17.48 and a 1 year high of $31.28. The company has a current ratio of 1.78, a quick ratio of 0.83 and a debt-to-equity ratio of 0.31.

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.