Yara International ASA (OTCMKTS:YARIY) Receives Average Rating of “Buy” from Brokerages

Shares of Yara International ASA (OTCMKTS:YARIY) have been assigned a consensus recommendation of “Buy” from the six brokerages that are currently covering the firm, Marketbeat reports. Three research analysts have rated the stock with a hold rating and three have given a strong buy rating to the company.

YARIY has been the topic of several analyst reports. Citigroup downgraded shares of Yara International ASA from a “strong-buy” rating to a “hold” rating in a research note 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 report on Monday, June 22nd. Finally, Zacks Research upgraded Yara International ASA from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, July 21st.

Yara International ASA Trading Up 2.7%

YARIY opened at $22.58 on Tuesday. The firm’s 50 day moving average is $23.37 and its 200-day moving average is $25.60. Yara International ASA has a 52-week low of $17.48 and a 52-week high of $31.28. The company has a quick ratio of 0.83, a current ratio of 1.78 and a debt-to-equity ratio of 0.31. The firm has a market capitalization of $11.51 billion, a P/E ratio of 7.50 and a beta of 0.56.

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.