Yara International ASA (OTCMKTS:YARIY) Downgraded to “Hold” Rating by Zacks Research

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

Several other brokerages have also recently issued reports on YARIY. Citigroup cut Yara International ASA from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 11th. Jefferies Financial Group lowered Yara International ASA from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 22nd. Two research analysts have rated the stock with a Strong Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy”.

Yara International ASA Stock Performance

Yara International ASA stock opened at $24.84 on Wednesday. The company has a 50 day moving average price of $23.05 and a 200-day moving average price of $25.64. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.83 and a current ratio of 1.78. Yara International ASA has a fifty-two week low of $17.48 and a fifty-two week high of $31.28. The company has a market capitalization of $12.65 billion, a PE ratio of 8.25 and a beta of 0.57.

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.