Yara International ASA (OTCMKTS:YARIY) Hits New 1-Year High on Analyst Upgrade

Shares of Yara International ASA (OTCMKTS:YARIY) hit a new 52-week high on Tuesday after Pareto Securities upgraded the stock from a hold rating to a strong-buy rating. The company traded as high as $30.67 and last traded at $30.67, with a volume of 4310 shares changing hands. The stock had previously closed at $28.90.

A number of other equities research analysts also recently weighed in on the company. Rothschild & Co Redburn raised Yara International ASA from a “strong sell” rating to a “hold” rating in a report on Wednesday, February 4th. Zacks Research raised Yara International ASA from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 18th. Finally, Arctic Securiti raised Yara International ASA from a “hold” rating to a “strong-buy” rating in a report on Monday, January 12th. Five research analysts have rated the stock with a Strong Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, Yara International ASA presently has an average rating of “Strong Buy”.

Yara International ASA Stock Performance

The company has a 50-day moving average price of $25.96 and a two-hundred day moving average price of $21.62. The company has a current ratio of 1.72, a quick ratio of 0.89 and a debt-to-equity ratio of 0.31. The stock has a market capitalization of $14.40 billion, a P/E ratio of 10.51 and a beta of 0.59.

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.