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

Yara International ASA (OTCMKTS:YARIY) gapped down before the market opened on Wednesday . The stock had previously closed at $28.76, but opened at $27.05. Yara International ASA shares last traded at $28.62, with a volume of 5,544 shares trading hands.

Wall Street Analyst Weigh In

YARIY has been the topic of several research analyst reports. Zacks Research raised shares of Yara International ASA from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 18th. Arctic Securiti raised shares of Yara International ASA from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 12th. Finally, Rothschild & Co Redburn upgraded shares of Yara International ASA from a “strong sell” rating to a “hold” rating in a report on Wednesday, February 4th. Five research analysts have rated the stock with a Strong Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Buy”.

Yara International ASA Trading Up 0.6%

The company has a market capitalization of $14.78 billion, a PE ratio of 10.78 and a beta of 0.59. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.89 and a current ratio of 1.72. The business has a fifty day moving average price of $25.44 and a 200 day moving average price of $21.30.

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.