Venator Materials (NYSE:VNTR) Trading 30% Higher – Should You Buy?

Venator Materials PLC (NYSE:VNTRGet Free Report)’s share price was up 30% during mid-day trading on Wednesday . The company traded as high as $45.50 and last traded at $45.50. Approximately 300 shares changed hands during trading, a decline of 100% from the average daily volume of 280,884 shares. The stock had previously closed at $35.00.

Venator Materials Trading Up 30.0%

The company has a quick ratio of 0.41, a current ratio of 0.74 and a debt-to-equity ratio of 0.02. The firm has a market cap of $4.87 billion, a PE ratio of -26.15 and a beta of 1.52. The company’s 50 day moving average price is $29.40 and its two-hundred day moving average price is $76.09.

About Venator Materials

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Venator Materials is a global chemical company specializing in the production of pigment and performance additives. Headquartered in the United Kingdom with major operational centers in North America, Europe and Asia, the company develops a range of specialty chemicals that are used across a variety of industrial and consumer applications. Venator is publicly traded on the NYSE under the ticker VNTR.

The company operates two principal business segments. Its Pigments segment manufactures titanium dioxide under the Ti-Pure® brand, a white pigment widely used to impart brightness and opacity in coatings, plastics, paper and other materials.

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