Yara International ASA (OTCMKTS:YARIY) Shares Gap Down – Here’s What Happened

Yara International ASA (OTCMKTS:YARIY)’s share price gapped down before the market opened on Friday . The stock had previously closed at $25.69, but opened at $24.86. Yara International ASA shares last traded at $24.46, with a volume of 566 shares traded.

Analysts Set New Price Targets

A number of brokerages have weighed in on YARIY. Jefferies Financial Group downgraded shares of Yara International ASA from a “strong-buy” rating to a “hold” rating in a report on Monday, June 22nd. Zacks Research lowered Yara International ASA from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, September 2nd. Finally, Barclays raised shares of Yara International ASA to a “strong sell” rating in a report on Friday, September 4th. Two investment analysts have rated the stock with a Strong Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold”.

Yara International ASA Price Performance

The company has a quick ratio of 0.83, a current ratio of 1.78 and a debt-to-equity ratio of 0.31. The firm has a market capitalization of $12.46 billion, a P/E ratio of 8.13 and a beta of 0.57. The business’s 50 day moving average is $23.38 and its 200-day moving average is $25.68.

Yara International ASA Company Profile

Yara International ASA is a Norway-based global company focused on crop nutrition and agricultural solutions. Its principal products include nitrogen fertilizers such as nitrates, urea and ammonia, as well as specialty fertilizers designed to support crop yields and improve nutrient efficiency.

The company also produces industrial nitrogen chemicals, including ammonia and nitrate-based products used in applications such as mining, manufacturing and environmental technology. Yara provides agronomic advice, digital farming tools and other services intended to help farmers manage nutrients and improve productivity while reducing agriculture’s environmental impact.

Yara serves customers through operations, production facilities and distribution networks across Europe, the Americas, Africa and Asia-Pacific.