Valhi, Inc. (VHI) Trading 7.9% Higher
Valhi, Inc. (NYSE:VHI) traded up 7.9% during mid-day trading on Monday . The company traded as high as $2.65 and last traded at $2.60, with a volume of 84,281 shares. The stock had previously closed at $2.41.
Separately, Zacks Investment Research upgraded shares of Valhi from a “sell” rating to a “hold” rating in a research note on Saturday, June 11th.
The firm’s 50 day moving average price is $1.93 and its 200-day moving average price is $1.70. The company’s market cap is $864.85 million.
Valhi (NYSE:VHI) last released its quarterly earnings data on Monday, August 8th. The company reported ($0.02) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.06) by $0.04. Analysts anticipate that Valhi, Inc. will post ($0.07) earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 22nd. Stockholders of record on Tuesday, September 6th will be paid a dividend of $0.02 per share. This represents a $0.08 dividend on an annualized basis and a dividend yield of 3.14%. The ex-dividend date is Thursday, September 1st.
Valhi, Inc is a holding company. The Company operates through four segments: Chemicals, Component Products, Waste Management, and Real Estate Management and Development. The Chemicals segment operates through Kronos Worldwide, Inc, which produces and markets titanium dioxide pigments. The Component Products segment operates through CompX International Inc, which manufactures security products used in the recreational transportation, postal, cabinetry, tool storage, healthcare and a range of other industries.
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