Venator Materials PLC (NYSE:VNTR) finished Friday with an addition of $0.02 to close at $0.54, an upside of 4.17 percent. An average of 698,680 shares of common stock have been traded in the last five days. There was a gain of $0.0501 in the past week, and it reached a new high 4 times over the past 12 months. The last 20 days have seen an average of 1,478,810 shares traded, while the 50-day average volume stands at 810,398.
VNTR stock has decreased by -21.00% in the last month. The company shares reached their 1-month lowest point of $0.4070 on 12/14/22. With the stock rallying to its 52-week high on 01/05/22, shares of the company touched a low of $0.41 and a high of $2.80 in 52 weeks. It has reached a new high 3 times so far this year and lost -78.74% or -$2.0001 in price. In spite of this, the price is down -80.72% from the 52-week high.
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Venator Materials PLC (VNTR) has a trailing price-to-earnings (P/E) ratio of 1.08. The stock’s beta is 1.52. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.02, the price-to-book (PB) ratio at 0.14.
The quick ratio of Venator Materials PLC for the three months ended June 29 was 1.00, and the current ratio was 2.20, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 2.25 and a total debt to equity ratio of 2.31 for the quarter ending June 29. Its gross profit as reported stood at $192.0 million compared to revenue of $2.21 billion.
For the three-month period that ended June 29, Venator Materials PLC had $949.0 million in total debt. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of -$77.0 million in the quarter, while revenues were grew 24.68%. The analyst consensus anticipated Venator Materials PLC’s latest quarter earnings to come in at $0.1 per share, but it turned out to be $0.13, a 30.00% surprise. For the quarter, EBITDA amounted to -$3.0 million.
From a technical analysis perspective, let’s take a brief look at Venator Materials PLC (VNTR) price momentum. RSI 9-day as of the close on 30 December was 51.56%, suggesting the stock is Neutral, with historical volatility in this time frame at 57.68%.
As of today, VNTR’s price is $0.5136 +10.23% or $0.0501 from its 5-day moving average. VNTR is currently trading -12.92% lower than its 20-day SMA and -68.97% lower than its 100-day SMA. However, the stock’s current price level is -33.35% below the SMA50 and -72.31% below the SMA200.
The stochastic %K and %D were 55.40% and 51.12%, respectively, and the average true range (ATR) was 0.0627. With the 14-day stochastic at 65.50% and the average true range at 0.0671, the RSI (14) stands at 44.97%. The stock has reached 0.0061 on the 9-day MACD Oscillator while the 14-day reading was at 0.0064.
UBS downgraded Venator Materials PLC (NYSE: VNTR) to a a Sell rating in its most recent analyst report. Previously, the stock was rated as a Neutral. The consensus rating for Venator Materials PLC (VNTR) among analysts is Hold. According to current brokerage recommendations, 2 brokerage firms advise that investors sell VNTR, while 4 suggest investors hold. There are 1 analyst who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 2 others rate it as a “buy”.
What is VNTR’s price target for the next 12 months?
Analysts predict a range of price targets between $0.60 and $2.00, with a median target of $0.73. Taking a look at these predictions, the average price target given by analysts for Venator Materials PLC (VNTR) stock is $0.90.