Yara International ASA (OTCMKTS:YARIY) Sets New 1-Year High – Time to Buy?

Yara International ASA (OTCMKTS:YARIY) shares reached a new 52-week high on Wednesday . The stock traded as high as $21.18 and last traded at $21.1420, with a volume of 2356 shares traded. The stock had previously closed at $19.71.

Wall Street Analyst Weigh In

Several research analysts recently commented on the stock. Zacks Research downgraded shares of Yara International ASA from a “strong-buy” rating to a “hold” rating in a report on Friday, September 26th. Jefferies Financial Group upgraded Yara International ASA from a “moderate sell” rating to a “strong-buy” rating in a report on Tuesday, November 11th. Finally, Pareto Securities upgraded shares of Yara International ASA to a “hold” rating in a report on Friday, October 3rd. Three investment analysts have rated the stock with a Strong Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy”.

Yara International ASA Trading Up 4.5%

The stock has a 50-day moving average price of $19.20 and a two-hundred day moving average price of $18.81. The stock has a market cap of $10.70 billion, a PE ratio of 14.48 and a beta of 0.70. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.73 and a quick ratio of 0.86.

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.