Zacks Research Downgrades Yara International ASA (OTCMKTS:YARIY) to Hold

Yara International ASA (OTCMKTS:YARIY) was downgraded by Zacks Research from a “strong-buy” rating to a “hold” rating in a research note issued on Wednesday, Zacks reports.

A number of other research analysts also recently commented on YARIY. Jefferies Financial Group downgraded shares of Yara International ASA from a “strong-buy” rating to a “hold” rating in a report on Monday, June 22nd. Citigroup downgraded Yara International ASA from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 11th. Two research analysts have rated the stock with a Strong Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, Yara International ASA has a consensus rating of “Moderate Buy”.

Yara International ASA Stock Performance

Shares of OTCMKTS:YARIY opened at $24.84 on Wednesday. Yara International ASA has a 52 week low of $17.48 and a 52 week high of $31.28. The stock has a market capitalization of $12.65 billion, a P/E ratio of 8.25 and a beta of 0.57. The firm has a fifty day simple moving average of $23.05 and a two-hundred day simple moving average of $25.64. The company has a quick ratio of 0.83, a current ratio of 1.78 and a debt-to-equity ratio of 0.31.

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.