Venator Materials (NYSE:VNTR) Stock Jumps 6.7% – Here’s What Happened

Venator Materials PLC (NYSE:VNTR) rose 6.7% during mid-day trading on Monday. The stock traded as high as $16.00 and last traded at $16.00. 2 shares were traded during mid-day trading, a decline of 100% from the average session volume of 280,884 shares. The stock had previously closed at $15.00.

Venator Materials Price Performance

The company has a market cap of $1.71 billion, a PE ratio of -9.20 and a beta of 1.52. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.41 and a current ratio of 0.74. The stock has a 50 day moving average of $15.02 and a 200-day moving average of $12.50.

Venator Materials Company Profile

Venator Materials plc was a global manufacturer of specialty chemicals, best known for producing titanium dioxide (TiO2) pigments and performance additives. Its products were used to provide whiteness, brightness, opacity, color, durability and other functional properties in a range of finished goods.

The company served customers in industries including architectural and industrial coatings, plastics, paper, printing inks, construction materials, cosmetics and pharmaceuticals. Its product portfolio also included color pigments, functional additives and other specialty materials designed for applications such as corrosion protection, flame retardancy and photocatalysis.

Venator was formed in 2017 through the separation of Huntsman Corporation’s pigments and additives business and operated internationally, with manufacturing and commercial activities serving customers across North America, Europe, Asia and other global markets.