Valhi Inc. (VHI) Stock Price Up 7.9%
Shares of Valhi Inc. (NYSE:VHI) rose 7.9% during trading on Monday . The stock traded as high as $2.65 and last traded at $2.60, with a volume of 84,281 shares changing hands. The stock had previously closed at $2.41.
Separately, Zacks Investment Research upgraded shares of Valhi from a “hold” rating to a “buy” rating and set a $2.25 price target for the company in a research report on Thursday, August 18th.
The stock’s market capitalization is $881.81 million. The company has a 50-day moving average price of $1.99 and a 200 day moving average price of $1.73.
Valhi (NYSE:VHI) last posted its quarterly earnings data on Monday, August 8th. The company reported ($0.02) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.06) by $0.04. 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. Stockholders of record on Tuesday, September 6th will be paid a dividend of $0.02 per share. The ex-dividend date of this dividend is Thursday, September 1st. This represents a $0.08 dividend on an annualized basis and a dividend yield of 3.08%.
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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