Zacks Research Upgrades Yara International ASA (OTCMKTS:YARIY) to Strong-Buy

Yara International ASA (OTCMKTS:YARIY) was upgraded by equities research analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a report released on Wednesday,Zacks.com reports.

Other research analysts have also recently issued reports about the company. Arctic Securiti raised Yara International ASA from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 12th. Rothschild & Co Redburn upgraded Yara International ASA from a “strong sell” rating to a “hold” rating in a research note on Wednesday, February 4th. Finally, Jefferies Financial Group upgraded shares of Yara International ASA from a “moderate sell” rating to a “strong-buy” rating in a research report on Tuesday, November 11th. Five analysts have rated the stock with a Strong Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, Yara International ASA presently has a consensus rating of “Buy”.

Yara International ASA Stock Up 1.9%

Shares of OTCMKTS:YARIY traded up $0.46 during trading on Wednesday, reaching $24.45. 7,389 shares of the stock traded hands, compared to its average volume of 19,459. Yara International ASA has a 52-week low of $13.50 and a 52-week high of $24.61. The stock has a market cap of $12.45 billion, a P/E ratio of 9.09 and a beta of 0.73. The stock has a 50-day moving average of $21.60 and a two-hundred day moving average of $19.55. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.86 and a current ratio of 1.73.

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.