Yara International ASA (OTCMKTS:YARIY) Shares Gap Up After Analyst Upgrade

Yara International ASA (OTCMKTS:YARIY) shares gapped up prior to trading on Wednesday after Jefferies Financial Group upgraded the stock from a moderate sell rating to a strong-buy rating. The stock had previously closed at $17.7555, but opened at $18.60. Yara International ASA shares last traded at $18.60, with a volume of 1,845 shares trading hands.

YARIY has been the subject of several other research reports. Zacks Research downgraded shares of Yara International ASA from a “strong-buy” rating to a “hold” rating in a research report on Friday, September 26th. Pareto Securities upgraded shares of Yara International ASA to a “hold” rating in a research note on Friday, October 3rd. Three analysts have rated the stock with a Strong Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Buy”.

Yara International ASA Stock Down 1.8%

The business’s fifty day simple moving average is $18.54 and its two-hundred day simple moving average is $18.39. The company has a market cap of $9.43 billion, a PE ratio of 12.77 and a beta of 0.86. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.73 and a quick ratio of 0.83.

About Yara International ASA

Yara International ASA provides crop nutrition and industrial solutions in Norway, European Union, Europe, Africa, Asia, North and Latin America, Australia, and New Zealand. The company offers ammonium- and urea-based fertilizers; compound fertilizers that contain nutrients, such as nitrogen, phosphorus, and potassium; coatings; biostimulants; organic-based fertilizers; green fertilizers are nitrate-based mineral fertilizers, as well as foliar and fertigation solutions; and nitrate, calcium nitrate, micronutrient, and fertigation and urea fertilizers.