Yara International ASA (OTCMKTS:YARIY) Shares Gap Down – Here’s What Happened

Yara International ASA (OTCMKTS:YARIY)’s share price gapped down prior to trading on Tuesday. The stock had previously closed at $22.9274, but opened at $22.18. Yara International ASA shares last traded at $22.2950, with a volume of 8,289 shares changing hands.

Analysts Set New Price Targets

YARIY has been the subject of several research reports. Jefferies Financial Group cut Yara International ASA from a “strong-buy” rating to a “hold” rating in a research report 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, September 2nd. Finally, Barclays upgraded Yara International ASA to a “strong sell” rating in a research report on Friday, September 4th. Two investment analysts have rated the stock with a Strong Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Yara International ASA presently has an average rating of “Hold”.

Yara International ASA Trading Down 1.4%

The company’s 50 day simple moving average is $23.55 and its two-hundred day simple moving average is $25.49. The company has a market cap of $11.15 billion, a PE ratio of 7.27 and a beta of 0.57. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.78 and a quick ratio of 0.83.

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.