Valhi Inc. (VHI) Stock Price Up 7.8%
Valhi Inc. (NYSE:VHI)’s share price rose 7.8% on Monday . The company traded as high as $2.77 and last traded at $2.76, with a volume of 202,900 shares. The stock had previously closed at $2.56.
Separately, Zacks Investment Research upgraded Valhi from a “hold” rating to a “buy” rating and set a $2.25 price target for the company in a report on Thursday, August 18th.
The company’s market capitalization is $936.08 million. The firm has a 50-day moving average price of $2.07 and a 200-day moving average price of $1.75.
Valhi (NYSE:VHI) last announced its quarterly earnings data on Monday, August 8th. The company reported ($0.02) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.06) by $0.04. On average, equities analysts forecast that Valhi Inc. will post ($0.07) earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 22nd. Shareholders of record on Tuesday, September 6th will be given a dividend of $0.02 per share. The ex-dividend date is Thursday, September 1st. This represents a $0.08 dividend on an annualized basis and a yield of 2.90%.
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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