Kronos Worldwide Inc. (KRO) Hits New 1-Year High at $8.72
Kronos Worldwide Inc. (NYSE:KRO)’s share price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $8.72 and last traded at $8.66, with a volume of 502,302 shares traded. 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 report on Wednesday, June 29th.
The firm’s market cap is $985.10 million. The firm’s 50-day moving average price is $6.46 and its 200 day moving average price is $5.98.
Kronos Worldwide (NYSE:KRO) last announced its earnings results on Friday, August 5th. The company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.03 by $0.02. During the same quarter in the prior year, the firm earned ($1.38) earnings per share. The firm earned $356.10 million during the quarter, compared to analyst estimates of $334 million. Kronos Worldwide’s quarterly revenue was down 1.1% compared to the same quarter last year. Analysts expect that Kronos Worldwide Inc. will post $0.13 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 15th. Stockholders of record on Tuesday, September 6th will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 7.06%. The ex-dividend date of this dividend is Thursday, September 1st.
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 MarketBeat.com's FREE daily email newsletter.