Venator Materials (NYSE:VNTR) Shares Climb 6.7% – Here’s What Happened

Venator Materials PLC (NYSE:VNTR)’s share price rose 6.7% during trading on Monday. The company traded as high as $16.00 and last traded at $16.00. Approximately 2 shares traded hands during trading, a decline of 100% from the average daily volume of 280,884 shares. The stock had previously closed at $15.00.

Venator Materials Trading Up 6.7%

The stock has a 50-day moving average of $15.02 and a 200 day moving average of $12.50. The stock has a market cap of $1.71 billion, a PE ratio of -9.20 and a beta of 1.52. The company has a quick ratio of 0.41, a current ratio of 0.74 and a debt-to-equity ratio of 0.02.

Venator Materials Company Profile

Venator Materials plc was a global manufacturer of specialty chemicals, best known for producing titanium dioxide (TiO2) pigments and performance additives. Its products were used to provide whiteness, brightness, opacity, color, durability and other functional properties in a range of finished goods.

The company served customers in industries including architectural and industrial coatings, plastics, paper, printing inks, construction materials, cosmetics and pharmaceuticals. Its product portfolio also included color pigments, functional additives and other specialty materials designed for applications such as corrosion protection, flame retardancy and photocatalysis.

Venator was formed in 2017 through the separation of Huntsman Corporation’s pigments and additives business and operated internationally, with manufacturing and commercial activities serving customers across North America, Europe, Asia and other global markets.