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

Equities research analysts at StockNews.com started coverage on shares of Valhi (NYSE:VHI) in a research note issued to investors on Sunday. The brokerage set a “buy” rating on the basic materials company’s stock.

Valhi Price Performance

Shares of NYSE VHI opened at $18.45 on Friday. The stock has a fifty day simple moving average of $17.38 and a two-hundred day simple moving average of $15.64. Valhi has a 1-year low of $10.80 and a 1-year high of $20.38. The firm has a market cap of $521.95 million, a price-to-earnings ratio of 922.50 and a beta of 1.43. The company has a current ratio of 3.45, a quick ratio of 2.14 and a debt-to-equity ratio of 0.41.

Valhi (NYSE:VHI) last announced its quarterly earnings data on Thursday, May 9th. The basic materials company reported $0.27 earnings per share for the quarter. Valhi had a return on equity of 0.05% and a net margin of 0.03%. The business had revenue of $530.60 million during the quarter.

Hedge Funds Weigh In On Valhi

An institutional investor recently raised its position in Valhi stock. Jacobs Levy Equity Management Inc. lifted its stake in Valhi, Inc. (NYSE:VHI) by 28.4% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,879 shares of the basic materials company’s stock after acquiring an additional 4,620 shares during the period. Jacobs Levy Equity Management Inc. owned approximately 0.07% of Valhi worth $359,000 at the end of the most recent reporting period. 3.83% of the stock is currently owned by institutional investors and hedge funds.

Valhi Company Profile

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.