Yara International ASA (OTCMKTS:YARIY) Stock Price Down 5.9% – Here’s What Happened

Yara International ASA (OTCMKTS:YARIY)’s share price fell 5.9% during mid-day trading on Friday . The stock traded as low as $27.10 and last traded at $27.10. 15,031 shares changed hands during trading, a decline of 42% from the average session volume of 26,000 shares. The stock had previously closed at $28.80.

Analyst Ratings Changes

Several equities analysts recently commented on the stock. Rothschild & Co Redburn raised shares of Yara International ASA from a “strong sell” rating to a “hold” rating in a research report on Wednesday, February 4th. Arctic Securiti upgraded Yara International ASA from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 12th. Finally, Zacks Research upgraded Yara International ASA from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 18th. Five investment analysts have rated the stock with a Strong Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Buy”.

Yara International ASA Stock Down 6.6%

The company has a debt-to-equity ratio of 0.31, a current ratio of 1.72 and a quick ratio of 0.89. The stock has a market capitalization of $13.71 billion, a P/E ratio of 10.00 and a beta of 0.71. The stock’s fifty day moving average is $24.02 and its two-hundred day moving average is $20.64.

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.