Valhi (NYSE:VHI) Now Covered by StockNews.com

StockNews.com assumed coverage on shares of Valhi (NYSE:VHI) in a research note released on Sunday. The firm issued a buy rating on the basic materials company’s stock.

Valhi Price Performance

Valhi stock opened at $14.77 on Friday. The firm has a market cap of $417.84 million, a PE ratio of -35.17 and a beta of 1.40. The company has a debt-to-equity ratio of 0.43, a current ratio of 2.91 and a quick ratio of 1.73. The stock’s fifty day moving average price is $15.14 and its two-hundred day moving average price is $14.16. Valhi has a one year low of $10.80 and a one year high of $17.61.

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

Valhi Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 26th. Shareholders of record on Monday, March 11th were given a dividend of $0.08 per share. The ex-dividend date of this dividend was Friday, March 8th. This represents a $0.32 annualized dividend and a yield of 2.17%. Valhi’s dividend payout ratio is currently -76.19%.

Valhi Company Profile

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.