Yara International ASA (OTCMKTS:YARIY) Share Price Crosses Above 200 Day Moving Average – What’s Next?

Yara International ASA (OTCMKTS:YARIY) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $14.44 and traded as high as $14.68. Yara International ASA shares last traded at $14.61, with a volume of 19,702 shares traded.

Wall Street Analysts Forecast Growth

Separately, Redburn Atlantic upgraded Yara International ASA to a “strong sell” rating in a research report on Friday, October 18th.

Yara International ASA Price Performance

The stock has a fifty day moving average of $13.99 and a 200-day moving average of $14.44. The firm has a market capitalization of $7.44 billion, a P/E ratio of 13.53 and a beta of 0.92. The company has a quick ratio of 0.96, a current ratio of 1.81 and a debt-to-equity ratio of 0.46.

Yara International ASA (OTCMKTS:YARIY) last announced its earnings results on Friday, October 25th. The basic materials company reported $0.36 earnings per share for the quarter, topping analysts’ consensus estimates of $0.22 by $0.14. Yara International ASA had a net margin of 3.89% and a return on equity of 9.32%. The company had revenue of $3.65 billion during the quarter. Equities analysts predict that Yara International ASA will post 1.16 EPS for the current fiscal year.

Yara International ASA Company Profile

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.