Valhi Inc. (NYSE:VHI)’s share price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $2.86 and last traded at $2.73, with a volume of 73,131 shares changing hands. The stock had previously closed at $2.76.

Separately, Zacks Investment Research upgraded Valhi from a “hold” rating to a “buy” rating and set a $2.25 target price for the company in a report on Thursday, August 18th.

The firm has a 50 day moving average of $2.07 and a 200 day moving average of $1.77. The stock’s market capitalization is $964.09 million.

Valhi (NYSE:VHI) last released its earnings results on Monday, August 8th. The company reported ($0.02) earnings per share for the quarter, beating the consensus estimate of ($0.06) by $0.04. On average, equities analysts predict that Valhi Inc. will post ($0.07) earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 22nd. Stockholders of record on Tuesday, September 6th will be given a $0.02 dividend. The ex-dividend date is Thursday, September 1st. This represents a $0.08 annualized dividend and a dividend 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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