Valhi Inc. (VHI) Sees Unusually-High Trading Volume
Valhi Inc. (NYSE:VHI) saw unusually-high trading volume on Monday . Approximately 99,095 shares changed hands during trading, an increase of 57% from the previous session’s volume of 63,234 shares.The stock last traded at $2.01 and had previously closed at $1.98.
Separately, Zacks Investment Research upgraded shares of Valhi from a “hold” rating to a “buy” rating and set a $2.25 price objective on the stock in a report on Thursday.
The firm’s market capitalization is $681.71 million. The stock has a 50 day moving average price of $1.85 and a 200-day moving average price of $1.67.
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 the Thomson Reuters’ consensus estimate of ($0.06) by $0.04. On average, analysts expect that Valhi Inc. will post ($0.07) earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 22nd. Investors of record on Tuesday, September 6th will be issued a dividend of $0.02 per share. This represents a $0.08 annualized dividend and a dividend yield of 3.98%. The ex-dividend date of this dividend 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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