Barclays Upgrades Yara International ASA (OTCMKTS:YARIY) to Strong Sell

Yara International ASA (OTCMKTS:YARIY) was upgraded by equities research analysts at Barclays to a “strong sell” rating in a note issued to investors on Friday, Zacks reports.

YARIY has been the topic of several other research reports. Jefferies Financial Group cut shares of Yara International ASA from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 22nd. Citigroup downgraded Yara International ASA from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 11th. Finally, Zacks Research cut Yara International ASA from a “strong-buy” rating to a “hold” rating in a report on Wednesday. Two research analysts have rated the stock with a Strong Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Yara International ASA has an average rating of “Hold”.

Yara International ASA Trading Down 0.8%

Shares of YARIY opened at $24.63 on Friday. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.78 and a quick ratio of 0.83. Yara International ASA has a 1 year low of $17.48 and a 1 year high of $31.28. The company has a 50 day simple moving average of $23.11 and a two-hundred day simple moving average of $25.63. The firm has a market cap of $12.55 billion, a P/E ratio of 8.18 and a beta of 0.57.

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.