Valhi Inc (NYSE:VHI) last traded at $5.35 seeing a daily low of $5.01 and a high of $5.57. This difference between the high and low makes the stock one of the most volatile of the day.
Not surprisingly, $5.57 is the stock’s high for the year. (NYSE:VHI) is also considered overbought with an RSI(14) currently at 86.23 . The Relative Strength Index (RSI) is one of the most popular technical indicators used to assess the strength and weakness of momentum in stock price. An RSI above 70 is an overbought indication and under 30 is considered oversold.
The shares are among the market’s biggest gainers today.
Valhi Inc’s stock has a beta of 2.95 so it is more volatile than the overall market which definitionaly has a beta of 1. Stocks with beta’s lower than 1 are considered to be less risky while those with a higher beta are more risky than the market over the long haul.
The stock’s Average True Range (ATR) is currently 0.32. The ATR is a measure of volatility. It doesn’t indicate the likely direction of the stock price, just the likelihood that the stock will move.
Short traders are more bullish recently as evidenced by the decrease in short interest. The firm recorded a fall in short interest of -25.47% as of the latest report on October 13, 2017. Short shares decreased 46,903 over that period. With short interest at 137,280 and short average daily volume at 133,994, days to cover is 1.0 and the percentage of shorted shares is 0.00% as of October 13.
Earnings Per Share
Valhi Inc’s P/E ratio is 23.92 and market cap is 1.81B. In the last earnings report the EPS was $0.22 with 339.17M shares presently outstanding.
Valhi, Inc., launched on June 1, 1971, is a holding company. The Company operates through four segments: Chemicals, Component Products, Waste Management, and Real Estate Management and Development. The Company operates through its subsidiaries, including NL Industries, Inc., Kronos Worldwide, Inc. (Kronos), CompX International Inc. (CompX) and Waste Control Specialists LLC (WCS)..