Yara International ASA (OTCMKTS:YARIY) Shares Gap Up – Still a Buy?

Shares of Yara International ASA (OTCMKTS:YARIY) gapped up prior to trading on Friday . The stock had previously closed at $21.47, but opened at $22.32. Yara International ASA shares last traded at $22.3350, with a volume of 1,140 shares traded.

Analysts Set New Price Targets

YARIY has been the topic of several recent research reports. Pareto Securities raised Yara International ASA to a “hold” rating in a research report on Friday, October 3rd. Zacks Research lowered Yara International ASA from a “strong-buy” rating to a “hold” rating in a research note on Friday, September 26th. Jefferies Financial Group raised shares of Yara International ASA from a “moderate sell” rating to a “strong-buy” rating in a research report on Tuesday, November 11th. Finally, Arctic Securiti raised shares of Yara International ASA from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 12th. Four research analysts have rated the stock with a Strong Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Buy”.

Yara International ASA Price Performance

The company has a quick ratio of 0.86, a current ratio of 1.73 and a debt-to-equity ratio of 0.35. The firm has a market cap of $11.40 billion, a PE ratio of 15.43 and a beta of 0.70. The stock has a 50 day moving average price of $19.59 and a two-hundred day moving average price of $18.92.

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.