Valhi (NYSE:VHI) Coverage Initiated at StockNews.com

StockNews.com initiated coverage on shares of Valhi (NYSE:VHI) in a research note issued to investors on Saturday morning. The firm issued a buy rating on the basic materials company’s stock.

Valhi Stock Performance

Shares of VHI stock opened at $15.09 on Friday. The company has a current ratio of 2.91, a quick ratio of 1.73 and a debt-to-equity ratio of 0.43. The firm has a fifty day moving average price of $14.93 and a 200 day moving average price of $14.08. The company has a market cap of $426.90 million, a P/E ratio of -35.93 and a beta of 1.40. Valhi has a 12 month low of $10.80 and a 12 month high of $17.61.

Valhi (NYSE:VHI) last released its quarterly earnings data on Thursday, March 7th. The basic materials company reported $0.14 earnings per share (EPS) for the quarter. Valhi had a negative net margin of 0.63% and a negative return on equity of 0.95%. The company had revenue of $453.00 million during the quarter.

Valhi Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 26th. Stockholders of record on Monday, March 11th were paid a dividend of $0.08 per share. The ex-dividend date was Friday, March 8th. This represents a $0.32 annualized dividend and a dividend yield of 2.12%. Valhi’s dividend payout ratio (DPR) is -76.19%.

About Valhi

Valhi, Inc engages in the chemicals, component products, and real estate management and development businesses in Europe, North America, the Asia Pacific, and internationally. The company's Chemicals segment produces and markets titanium dioxide pigments (TiO2), which are white inorganic pigments used in various applications by paint, plastics, decorative laminate, and paper manufacturers.