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

Shares of Yara International ASA (OTCMKTS:YARIY) saw unusually-strong trading volume on Thursday . Approximately 54,486 shares traded hands during trading, an increase of 54% from the previous session’s volume of 35,298 shares.The stock last traded at $23.25 and had previously closed at $23.43.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the company. Jefferies Financial Group cut Yara International ASA from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 22nd. Zacks Research upgraded Yara International ASA from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, July 21st. Finally, Citigroup lowered shares of Yara International ASA from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 11th. Three research analysts have rated the stock with a Strong Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, Yara International ASA currently has a consensus rating of “Buy”.

Yara International ASA Stock Down 0.7%

The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.83 and a current ratio of 1.78. The company has a fifty day moving average of $22.86 and a two-hundred day moving average of $25.59. The company has a market cap of $11.86 billion, a PE ratio of 7.73 and a beta of 0.56.

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.