Yara International ASA (OTCMKTS:YARIY) Reaches New 12-Month High – Should You Buy?

Yara International ASA (OTCMKTS:YARIY)’s stock price hit a new 52-week high on Monday . The company traded as high as $25.81 and last traded at $25.68, with a volume of 6144 shares changing hands. The stock had previously closed at $25.5080.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on YARIY shares. Arctic Securiti upgraded Yara International ASA from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 12th. Zacks Research upgraded Yara International ASA from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 18th. Rothschild & Co Redburn raised Yara International ASA from a “strong sell” rating to a “hold” rating in a research report on Wednesday, February 4th. Finally, Jefferies Financial Group upgraded Yara International ASA from a “moderate sell” rating to a “strong-buy” rating in a research note on Tuesday, November 11th. Five investment analysts have rated the stock with a Strong Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy”.

Yara International ASA Trading Up 1.0%

The firm has a 50-day moving average of $22.64 and a 200 day moving average of $20.07. The company has a current ratio of 1.72, a quick ratio of 0.89 and a debt-to-equity ratio of 0.31. The stock has a market capitalization of $13.12 billion, a price-to-earnings ratio of 9.57 and a beta of 0.71.

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.