Kronos Worldwide Inc. (NYSE:KRO)’s share price reached a new 52-week high on Thursday . The stock traded as high as $8.72 and last traded at $8.66, with a volume of 502,302 shares. The stock had previously closed at $8.04.

Separately, Zacks Investment Research downgraded Kronos Worldwide from a “buy” rating to a “hold” rating in a research report on Wednesday, June 29th.

The stock has a 50 day moving average of $6.25 and a 200-day moving average of $5.93. The firm’s market cap is $990.89 million.

Kronos Worldwide (NYSE:KRO) last issued its quarterly earnings data on Friday, August 5th. The company reported $0.01 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.03 by $0.02. During the same period in the previous year, the company posted ($1.38) EPS. The firm earned $356.10 million during the quarter, compared to analyst estimates of $334 million. The company’s revenue for the quarter was down 1.1% on a year-over-year basis. On average, equities analysts expect that Kronos Worldwide Inc. will post $0.13 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 15th. Stockholders of record on Tuesday, September 6th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Thursday, September 1st. This represents a $0.60 annualized dividend and a dividend yield of 7.46%.

Kronos Worldwide, Inc is a producer and marketer of titanium dioxide (TiO2) pigments, a base industrial product that is used in a range of applications. The Company, along with its distributors and agents, sells and provides technical services for its products in approximately 100 countries with sales in Europe and North America.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with's FREE daily email newsletter.