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

StockNews.com began 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 Down 0.5 %

VHI opened at $14.91 on Friday. The business’s 50-day simple moving average is $14.98 and its 200-day simple moving average is $14.10. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.73 and a current ratio of 2.91. Valhi has a one year low of $10.80 and a one year high of $17.61. The stock has a market capitalization of $421.80 million, a P/E ratio of -35.50 and a beta of 1.40.

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

Valhi Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 26th. Shareholders of record on Monday, March 11th were issued a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 2.15%. The ex-dividend date was Friday, March 8th. Valhi’s dividend payout ratio is presently -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.