Yara International ASA (OTCMKTS:YARIY) Sees Large Volume Increase – What’s Next?

Shares of Yara International ASA (OTCMKTS:YARIY) saw unusually-high trading volume on Monday . Approximately 14,210 shares changed hands during trading, an increase of 91% from the previous session’s volume of 7,422 shares.The stock last traded at $20.57 and had previously closed at $20.39.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on YARIY shares. Zacks Research downgraded Yara International ASA from a “strong-buy” rating to a “hold” rating in a report on Friday, September 26th. Pareto Securities raised shares of Yara International ASA to a “hold” rating in a report on Friday, October 3rd. Finally, Jefferies Financial Group upgraded shares of Yara International ASA from a “moderate sell” rating to a “strong-buy” rating in a research note on Tuesday, November 11th. Three equities research analysts have rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Buy”.

Yara International ASA Price Performance

The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.86 and a current ratio of 1.73. The stock has a market capitalization of $10.50 billion, a price-to-earnings ratio of 14.21 and a beta of 0.70. The company has a fifty day simple moving average of $18.99 and a two-hundred day simple moving average of $18.75.

About Yara International ASA

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.