Yara International ASA (OTCMKTS:YARIY) Sees Strong Trading Volume – Still a Buy?

Shares of Yara International ASA (OTCMKTS:YARIY) saw unusually-strong trading volume on Tuesday . Approximately 89,409 shares were traded during trading, an increase of 314% from the previous session’s volume of 21,616 shares.The stock last traded at $23.11 and had previously closed at $22.80.

Analyst Ratings Changes

A number of research firms have recently commented on YARIY. Arctic Securiti raised shares of Yara International ASA from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 12th. Rothschild Redb raised shares of Yara International ASA from a “strong sell” rating to a “hold” rating in a research report on Wednesday. Finally, Jefferies Financial Group upgraded Yara International ASA from a “moderate sell” rating to a “strong-buy” rating in a report on Tuesday, November 11th. Four investment analysts have rated the stock with a Strong Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, Yara International ASA has an average rating of “Buy”.

Yara International ASA Stock Down 0.8%

The company has a market cap of $11.75 billion, a price-to-earnings ratio of 15.90 and a beta of 0.73. The stock’s 50-day moving average is $20.58 and its 200-day moving average is $19.20. The company has a current ratio of 1.73, a quick ratio of 0.86 and a debt-to-equity ratio of 0.35.

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.