Kronos Worldwide (NYSE:KRO) Stock Price Crosses Above 200 Day Moving Average – Here’s What Happened

Kronos Worldwide Inc (NYSE:KROGet Free Report)’s stock price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $6.13 and traded as high as $6.13. Kronos Worldwide shares last traded at $5.92, with a volume of 233,496 shares traded.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the stock. Zacks Research raised shares of Kronos Worldwide from a “strong sell” rating to a “hold” rating in a research note on Wednesday, May 6th. Weiss Ratings reissued a “sell (d)” rating on shares of Kronos Worldwide in a research note on Wednesday, June 24th. Finally, Wall Street Zen upgraded Kronos Worldwide from a “sell” rating to a “hold” rating in a report on Saturday, April 25th. One investment analyst has rated the stock with a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Sell” and an average price target of $5.00.

Get Our Latest Analysis on Kronos Worldwide

Kronos Worldwide Price Performance

The company’s fifty day moving average is $6.79 and its 200 day moving average is $6.13. The firm has a market cap of $681.10 million, a price-to-earnings ratio of -5.10 and a beta of 1.00. The company has a quick ratio of 1.41, a current ratio of 3.18 and a debt-to-equity ratio of 0.81.

Kronos Worldwide (NYSE:KROGet Free Report) last issued its quarterly earnings results on Wednesday, May 6th. The specialty chemicals company reported ($0.04) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.33) by $0.29. Kronos Worldwide had a negative net margin of 7.12% and a negative return on equity of 15.01%. The firm had revenue of $509.80 million for the quarter, compared to analyst estimates of $524.00 million. On average, equities research analysts predict that Kronos Worldwide Inc will post -0.33 EPS for the current year.

Kronos Worldwide Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Thursday, June 4th were issued a $0.05 dividend. The ex-dividend date was Thursday, June 4th. This represents a $0.20 annualized dividend and a dividend yield of 3.4%. Kronos Worldwide’s dividend payout ratio (DPR) is presently -17.24%.

Institutional Trading of Kronos Worldwide

A number of hedge funds and other institutional investors have recently modified their holdings of KRO. Bank of America Corp DE boosted its position in Kronos Worldwide by 6.2% during the first quarter. Bank of America Corp DE now owns 416,696 shares of the specialty chemicals company’s stock valued at $2,738,000 after purchasing an additional 24,185 shares during the last quarter. Wealthspire Retirement LLC acquired a new position in shares of Kronos Worldwide during the 1st quarter worth approximately $66,000. Bank of New York Mellon Corp raised its stake in shares of Kronos Worldwide by 4.6% during the 1st quarter. Bank of New York Mellon Corp now owns 804,588 shares of the specialty chemicals company’s stock worth $5,286,000 after purchasing an additional 35,224 shares in the last quarter. IMC Chicago LLC bought a new stake in shares of Kronos Worldwide during the 1st quarter worth approximately $68,000. Finally, Money Concepts Capital Corp bought a new stake in shares of Kronos Worldwide during the 1st quarter worth approximately $304,000. Institutional investors and hedge funds own 15.11% of the company’s stock.

About Kronos Worldwide

(Get Free Report)

Kronos Worldwide, Inc is a leading global producer of titanium dioxide (TiO₂) pigments, a white pigment widely used in paints, coatings, plastics, paper, and many other industrial and consumer applications. Headquartered in Dallas, Texas, the company markets its products under the “Kronos” brand and has built a reputation for high-quality pigment performance, technical support, and reliable supply. Kronos serves a diverse customer base across coatings manufacturers, plastic compounders, and paper producers, delivering solutions tailored to enhance opacity, color strength, and durability.

In addition to its core TiO₂ offerings, Kronos produces and markets iron oxide pigments and zircon-based specialty chemicals, expanding its portfolio to meet the needs of markets such as construction, ceramics, and glass.

Featured Articles

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