Yara International ASA (OTCMKTS:YARIY) Reaches New 12-Month High Following Analyst Upgrade

Yara International ASA (OTCMKTS:YARIY) shares hit a new 52-week high during trading on Tuesday after Pareto Securities upgraded the stock from a hold rating to a strong-buy rating. The company traded as high as $30.67 and last traded at $30.67, with a volume of 4310 shares changing hands. The stock had previously closed at $28.90.

A number of other brokerages also recently commented on YARIY. Rothschild & Co Redburn raised Yara International ASA from a “strong sell” rating to a “hold” rating in a research report on Wednesday, February 4th. Zacks Research raised Yara International ASA from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 18th. Finally, Arctic Securiti raised Yara International ASA from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 12th. Five equities research analysts have rated the stock with a Strong Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Strong Buy”.

Yara International ASA Price Performance

The business has a fifty day moving average of $25.96 and a 200-day moving average of $21.62. The firm has a market cap of $14.40 billion, a PE ratio of 10.51 and a beta of 0.59. The company has a current ratio of 1.72, a quick ratio of 0.89 and a debt-to-equity ratio of 0.31.

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.