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Venator Materials (NYSE:VNTR) Trading Down 8.2% - Here's What Happened

Venator Materials logo with Basic Materials background

Venator Materials PLC (NYSE:VNTR - Get Free Report) was down 8.2% on Wednesday . The company traded as low as $345.00 and last traded at $450.00. Approximately 76 shares traded hands during mid-day trading, a decline of 100% from the average daily volume of 280,884 shares. The stock had previously closed at $490.00.

Venator Materials Stock Performance

The stock has a 50-day simple moving average of $446.42 and a 200-day simple moving average of $495.68. The company has a market capitalization of $48.15 billion, a price-to-earnings ratio of -258.62 and a beta of 1.52. The company has a current ratio of 0.74, a quick ratio of 0.41 and a debt-to-equity ratio of 0.02.

About Venator Materials

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Venator Materials Plc engages in the manufacturing and marketing of chemical products. It operates through two segments: Titanium Dioxide and Performance Additives. The Titanium Dioxide segment involves the creation of (TiO2) from titanium bearing ores and is a white inert pigment that provides whiteness, opacity and brightness to thousands of everyday items, including coatings, plastics, paper, printing inks, fibers, food and personal care products.

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