Yara International ASA (OTCMKTS:YARIY) Rating Increased to Strong-Buy at Zacks Research

Zacks Research upgraded shares of Yara International ASA (OTCMKTS:YARIY) from a hold rating to a strong-buy rating in a research note released on Wednesday,Zacks.com reports.

YARIY has been the topic of a number of other research reports. Rothschild & Co Redburn raised shares of Yara International ASA from a “strong sell” rating to a “hold” rating in a research note on Wednesday, February 4th. Arctic Securiti upgraded Yara International ASA from a “hold” rating to a “strong-buy” rating in a report on Monday, January 12th. Finally, Jefferies Financial Group upgraded Yara International ASA from a “moderate sell” rating to a “strong-buy” rating in a research note on Tuesday, November 11th. Five equities research analysts have rated the stock with a Strong Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy”.

Yara International ASA Trading Up 1.7%

Shares of OTCMKTS:YARIY traded up $0.40 during midday trading on Wednesday, reaching $24.39. The company’s stock had a trading volume of 6,527 shares, compared to its average volume of 19,438. The firm has a market cap of $12.42 billion, a price-to-earnings ratio of 9.07 and a beta of 0.73. The business has a 50 day moving average price of $21.60 and a 200 day moving average price of $19.55. Yara International ASA has a 1 year low of $13.50 and a 1 year high of $24.61. The company has a quick ratio of 0.86, a current ratio of 1.73 and a debt-to-equity ratio of 0.35.

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.