Kronos Worldwide Reaches New 1-Year Low at $13.86 (KRO)
Kronos Worldwide (NYSE:KRO) reached a new 52-week low on Thursday , Stock Ratings News reports. The company traded as low as $13.86 and last traded at $14.17, with a volume of 205,852 shares trading hands. The stock had previously closed at $14.51.
Separately, analysts at SunTrust initiated coverage on shares of Kronos Worldwide in a research note on Wednesday, April 16th. They set a “reduce” rating on the stock.
The stock has a 50-day moving average of $15.23 and a 200-day moving average of $15.96. The company’s market cap is $1.656 billion.
Kronos Worldwide (NYSE:KRO) last posted its quarterly earnings results on Wednesday, May 7th. The company reported $0.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.08 by $0.04. The company had revenue of $420.10 million for the quarter, compared to the consensus estimate of $433.67 million. During the same quarter in the previous year, the company posted ($0.35) earnings per share. The company’s revenue for the quarter was down 9.4% on a year-over-year basis. Analysts expect that Kronos Worldwide will post $0.76 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Thursday, June 19th. Stockholders of record on Monday, June 9th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 4.20%. The ex-dividend date of this dividend is Thursday, June 5th.
Kronos Worldwide, Inc (NYSE:KRO) is a global producer and marketer of titanium dioxide pigments (TiO2), a base industrial product used in a range of applications.