Yara International ASA (OTCMKTS:YARIY) Hits New 52-Week High – What’s Next?

Yara International ASA (OTCMKTS:YARIY) shares hit a new 52-week high on Wednesday . The company traded as high as $24.61 and last traded at $24.61, with a volume of 19722 shares trading hands. The stock had previously closed at $24.3440.

Analyst Ratings Changes

YARIY has been the topic of several recent analyst reports. Rothschild & Co Redburn upgraded shares of Yara International ASA from a “strong sell” rating to a “hold” rating in a report on Wednesday, February 4th. Jefferies Financial Group raised Yara International ASA from a “moderate sell” rating to a “strong-buy” rating in a research report on Tuesday, November 11th. Zacks Research upgraded 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 note on Monday, January 12th. Five 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, the company has a consensus rating of “Buy”.

Yara International ASA Trading Up 1.1%

The company has a market cap of $12.54 billion, a price-to-earnings ratio of 9.15 and a beta of 0.73. The company has a quick ratio of 0.86, a current ratio of 1.73 and a debt-to-equity ratio of 0.35. The business’s fifty day simple moving average is $21.89 and its two-hundred day simple moving average is $19.69.

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.