Valhi (NYSE:VHI) Stock Price Breaks Above 200-Day Moving Average – Time to Sell?

Valhi, Inc. (NYSE:VHI – Get Free Report)’s share price crossed above its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $14.74 and traded as high as $14.98. Valhi shares last traded at $14.8810, with a volume of 16,975 shares traded.

Analyst Ratings Changes

A number of research firms recently weighed in on VHI. Wall Street Zen upgraded shares of Valhi to a “buy” rating in a research note on Saturday, September 19th. Weiss Ratings upgraded shares of Valhi from a “sell (d)” rating to a “sell (d+)” rating in a research note on Monday, August 17th. One analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the stock presently has an average rating of “Sell”.

Check Out Our Latest Analysis on Valhi

Valhi Stock Up 4.2%

The company has a quick ratio of 1.90, a current ratio of 3.37 and a debt-to-equity ratio of 0.42. The stock has a market cap of $430.97 million, a PE ratio of -8.50 and a beta of 1.11. The firm has a fifty day moving average of $15.94 and a 200 day moving average of $14.74.

Valhi (NYSE:VHI – Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The basic materials company reported $0.78 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.96 by ($0.18). Valhi had a negative return on equity of 2.77% and a negative net margin of 2.36%. The business had revenue of $606.10 million for the quarter, compared to analysts’ expectations of $606.10 million.

Valhi Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 24th. Investors of record on Thursday, September 3rd were paid a dividend of $0.08 per share. The ex-dividend date was Thursday, September 3rd. This represents a $0.32 annualized dividend and a yield of 2.1%. Valhi’s payout ratio is presently -17.88%.

Hedge Funds Weigh In On Valhi

Several hedge funds have recently added to or reduced their stakes in VHI. BlackRock Inc. purchased a new stake in shares of Valhi during the 2nd quarter worth approximately $2,776,000. Empowered Funds LLC acquired a new position in shares of Valhi in the 2nd quarter valued at $2,055,000. Bank of New York Mellon Corp acquired a new position in shares of Valhi in the 2nd quarter valued at $687,000. Connor Clark & Lunn Investment Management Ltd. purchased a new position in shares of Valhi in the 2nd quarter valued at $148,000. Finally, GSA Capital Partners LLP purchased a new position in shares of Valhi in the 2nd quarter valued at $321,000. 3.83% of the stock is currently owned by hedge funds and other institutional investors.

Valhi Company Profile

(Get Free Report)

Valhi, Inc is a diversified holding company with interests in chemicals, component products and other industrial businesses. Its operations are conducted primarily through majority-owned subsidiaries, including Kronos Worldwide, Inc, a global producer and marketer of titanium dioxide pigments used to provide whiteness, brightness and opacity in products such as coatings, plastics, paper and inks.

Through CompX International Inc, Valhi also participates in the component-products industry.

Further Reading

Receive News & Ratings for Valhi Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Valhi and related companies with MarketBeat.com's FREE daily email newsletter.