Redburn Atlantic Upgrades Yara International ASA (OTCMKTS:YARIY) to Strong Sell

Redburn Atlantic upgraded shares of Yara International ASA (OTCMKTS:YARIY) to a strong sell rating in a research note released on Friday morning, Zacks.com reports.

Yara International ASA Stock Down 1.1 %

Shares of OTCMKTS YARIY opened at $15.59 on Friday. Yara International ASA has a 1 year low of $13.25 and a 1 year high of $17.99. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.70 and a quick ratio of 0.89. The firm has a market cap of $7.94 billion, a PE ratio of -222.71 and a beta of 0.93. The company has a 50 day simple moving average of $14.94 and a 200 day simple moving average of $14.74.

Yara International ASA (OTCMKTS:YARIY) last issued its quarterly earnings results on Thursday, July 18th. The basic materials company reported $0.43 EPS for the quarter, topping analysts’ consensus estimates of $0.19 by $0.24. The company had revenue of $3.53 billion for the quarter. Yara International ASA had a net margin of 1.85% and a return on equity of 7.58%. On average, research analysts forecast that Yara International ASA will post 0.83 EPS for the current year.

About Yara International ASA

Yara International ASA provides crop nutrition and industrial solutions in Norway, European Union, Europe, Africa, Asia, North and Latin America, Australia, and New Zealand. The company offers ammonium- and urea-based fertilizers; compound fertilizers that contain nutrients, such as nitrogen, phosphorus, and potassium; coatings; biostimulants; organic-based fertilizers; green fertilizers are nitrate-based mineral fertilizers, as well as foliar and fertigation solutions; and nitrate, calcium nitrate, micronutrient, and fertigation and urea fertilizers.