Yara International ASA (OTCMKTS:YARIY) Sees Large Volume Increase – Should You Buy?

Yara International ASA (OTCMKTS:YARIY) shares saw an uptick in trading volume on Thursday. 123,919 shares were traded during mid-day trading, an increase of 250% from the previous session’s volume of 35,420 shares. The stock last traded at $21.3410 and had previously closed at $21.60.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on YARIY shares. Zacks Research downgraded Yara International ASA from a “hold” rating to a “strong sell” rating in a report on Thursday, October 1st. Barclays raised Yara International ASA to a “strong sell” rating in a research report on Friday, September 4th. Two investment analysts have rated the stock with a Strong Buy rating, three have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold”.

Yara International ASA Price Performance

The stock has a market capitalization of $10.88 billion, a P/E ratio of 7.10 and a beta of 0.61. The business’s 50 day simple moving average is $23.17 and its two-hundred day simple moving average is $24.81. The company has a quick ratio of 0.83, a current ratio of 1.78 and a debt-to-equity ratio of 0.31.

Yara International ASA (OTCMKTS:YARIY) last posted its earnings results on Thursday, October 22nd. The basic materials company reported $0.48 EPS for the quarter, missing the consensus estimate of $0.59 by ($0.11). Yara International ASA had a return on equity of 16.77% and a net margin of 9.11%. As a group, sell-side analysts forecast that Yara International ASA will post 3.07 earnings per share for the current fiscal year.

Yara International ASA Company Profile

Yara International ASA is a Norway-based global fertilizer and crop nutrition company. Its business focuses on improving agricultural productivity through the production and distribution of nitrogen-based fertilizers, crop nutrition products and related agricultural solutions.

The company’s product portfolio includes ammonia, urea, nitrates, compound and specialty fertilizers, as well as industrial nitrogen products. Yara also provides agronomic guidance and digital tools intended to help farmers improve nutrient management, crop yields and environmental performance.

Yara serves agricultural and industrial customers across a broad international market, with operations, production facilities and sales activities spanning Europe, the Americas, Africa and other regions.