Watch for Continued Gains in Shares of Kronos Worldwide Inc (KRO)

May 19, 2022 11:37:48

Shares of Kronos Worldwide Inc (NYSE:KRO) traded today at $17.85, eclipsing its 52-week high. Approximately 168,000 shares have changed hands today, as compared to an average 30-day volume of 138,000 shares.

Over the past year, Kronos Worldwide Inc has traded in a range of $12.06 to $17.85 and is now at $17.79, 48% above that low.

Kronos Worldwide Inc (NYSE:KRO) is currently priced 30.6% above its average consensus analyst price target of $12.35.

Kronos Worldwide Inc manufactures and sells titanium dioxide pigments. Titanium dioxide is a white inorganic pigment used in a variety of products. The majority of Kronos’ sales come from titanium dioxide used for coatings on automobiles, aircraft, machines, appliances, traffic paint, and in both commercial and residential interiors and exteriors. The second- largest product category is titanium dioxide used for plastics such as packaging materials and food packaging, houseware, appliances, toys, and computer cases. The majority of revenue comes from Europe.

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