Zacks Research Downgrades Yara International ASA (OTCMKTS:YARIY) to Strong Sell

Yara International ASA (OTCMKTS:YARIY) was downgraded by equities research analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research note issued to investors on Thursday, Zacks reports.

A number of other brokerages have also recently issued reports on YARIY. Jefferies Financial Group cut shares of Yara International ASA from a “strong-buy” rating to a “hold” rating in a report on Monday, June 22nd. Barclays upgraded Yara International ASA to a “strong sell” rating in a report on Friday, September 4th. Two analysts have rated the stock with a Strong Buy rating, three have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, Yara International ASA presently has an average rating of “Hold”.

Yara International ASA Stock Performance

Shares of YARIY opened at $21.75 on Thursday. The company’s fifty day moving average is $23.46 and its 200-day moving average is $25.42. Yara International ASA has a 12 month low of $17.48 and a 12 month high of $31.28. The firm has a market cap of $11.08 billion, a price-to-earnings ratio of 7.23 and a beta of 0.61. The company has a quick ratio of 0.83, a current ratio of 1.78 and a debt-to-equity ratio of 0.31.

Yara International ASA Company Profile

Yara International ASA is a Norway-based company that develops and supplies crop nutrition products, industrial nitrogen products and solutions aimed at supporting lower-emission food production. Its portfolio includes nitrogen fertilizers such as nitrates, urea and NPK compounds, as well as specialty fertilizers, micronutrients and products for agriculture and industrial applications.

The company serves farmers, agricultural distributors and industrial customers in markets around the world.