Venator Materials (NYSE:VNTRQ) Trading 17% Higher – Here’s What Happened

Venator Materials PLC (NYSE:VNTRQ)’s share price rose 17% during mid-day trading on Friday . The company traded as high as $35.10 and last traded at $35.10. Approximately 1 shares were traded during mid-day trading, a decline of 100% from the average daily volume of 190,479 shares. The stock had previously closed at $30.00.

Venator Materials Stock Performance

The firm has a market capitalization of $3.76 billion, a P/E ratio of -10.70 and a beta of 1.68. The company has a current ratio of 0.66, a quick ratio of 0.34 and a debt-to-equity ratio of 0.04. The business’s 50 day simple moving average is $22.46 and its two-hundred day simple moving average is $96.77.

About Venator Materials

Venator Materials PLC (NYSE:VNTRQ) is a global specialty chemicals company headquartered in London and listed on the New York Stock Exchange. The company focuses on the production, marketing and sale of titanium dioxide (TiO₂) pigments and performance additives. Its two primary business segments—Titanium Dioxide and Performance Additives—serve a wide range of end-markets, including coatings, plastics, paper, personal care, textiles, adhesives and oilfield services.

In the Titanium Dioxide segment, Venator manufactures high-quality white pigment used to impart brightness, opacity and durability to paints, inks, plastics and other industrial applications.