Yara International ASA (OTCMKTS:YARIY) Upgraded by Barclays to Strong Sell Rating

Barclays upgraded shares of Yara International ASA (OTCMKTS:YARIY) to a strong sell rating in a report released on Friday,Zacks reports.

Several other research firms also recently weighed in on YARIY. Jefferies Financial Group downgraded Yara International ASA from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 22nd. Zacks Research downgraded shares of Yara International ASA from a “strong-buy” rating to a “hold” rating in a report on Wednesday. Finally, Citigroup lowered shares of Yara International ASA from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 11th. Two research analysts have rated the stock with a Strong Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold”.

Yara International ASA Stock Performance

OTCMKTS:YARIY opened at $24.63 on Friday. 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 business has a fifty day simple moving average of $23.11 and a two-hundred day simple moving average of $25.63. Yara International ASA has a 1 year low of $17.48 and a 1 year high of $31.28. The company has a market capitalization of $12.55 billion, a P/E ratio of 8.18 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.