Yara International ASA (OTCMKTS:YARIY) Trading Down 6% – Should You Sell?

Yara International ASA (OTCMKTS:YARIY) shares dropped 6% during trading on Monday . The stock traded as low as $24.55 and last traded at $24.55. Approximately 11,997 shares were traded during mid-day trading, a decline of 64% from the average daily volume of 33,447 shares. The stock had previously closed at $26.12.

Analyst Ratings Changes

YARIY has been the subject of several recent analyst reports. Zacks Research raised Yara International ASA from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 18th. Citigroup cut Yara International ASA from a “strong-buy” rating to a “hold” rating in a report on Monday, May 11th. Finally, Pareto Securities raised Yara International ASA from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 7th. Five research analysts have rated the stock with a Strong Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Buy”.

Yara International ASA Stock Down 5.9%

The stock has a market capitalization of $12.52 billion, a PE ratio of 8.94 and a beta of 0.53. The firm has a 50 day moving average of $28.61 and a two-hundred day moving average of $24.47. The company has a current ratio of 1.79, a quick ratio of 1.02 and a debt-to-equity ratio of 0.31.

Yara International ASA (OTCMKTS:YARIY) last released its quarterly earnings data on Friday, April 24th. The basic materials company reported $0.82 earnings per share for the quarter, beating the consensus estimate of $0.76 by $0.06. The firm had revenue of $4.26 billion during the quarter, compared to the consensus estimate of $3.95 billion. Yara International ASA had a return on equity of 23.06% and a net margin of 8.58%. Equities research analysts anticipate that Yara International ASA will post 3.33 earnings per share for the current year.

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.