VHI Stock Surges Amidst Market Volatility

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Oct 04, 2024

The stock of Valhi Inc. (VHI, Financial) experienced a notable increase of 5.94%, trading at $34.23 per share, with a volume of 8,880 shares and a turnover rate of 0.03%. The stock showed a price fluctuation amplitude of 2.66%.

Recent financial reports reveal that Valhi Inc. generated a revenue of $560 million, a net profit of $19.90 million, and an earnings per share of $0.70. The company's gross profit stood at $121 million with a price-to-earnings ratio of 38.95.

Analyst ratings indicate a unanimous "sell" recommendation from one participating institution, with no buy or hold suggestions.

In the broader chemical products industry, to which Valhi Inc. belongs, there was an overall increase of 0.69%. Noteworthy performers in this sector include Asp Isotopes Inc., Gulf Resources, and Green Plains, with significant activity levels, and turnover rates of 1.18%, 0.31%, and 0.27%, respectively. Gulf Resources and Asp Isotopes Inc. also showed high price volatility amplitudes of 9.67% and 7.31%, respectively.

Valhi Inc. operates through its subsidiaries, offering chemicals, safety products, waste management systems, and real estate development and management. The company is organized into three segments: Chemicals, Component Products, and Real Estate Management and Development, with the Chemicals segment being the major revenue driver. It is a producer and seller of value-added titanium dioxide pigments (TiO2), which enhance whiteness, brightness, opacity, and durability in products like paints, plastics, paper, fibers, and ceramics. Valhi Inc. conducts its business primarily in the U.S., Germany, Canada, Norway, and Belgium, with the majority of its income generated in the U.S.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.