Venator Materials (NYSE:VNTRQ) Stock Price Down 64.3% – Here’s Why

Venator Materials PLC (NYSE:VNTRQ)’s share price was down 64.3% during mid-day trading on Thursday . The stock traded as low as $10.01 and last traded at $10.01. Approximately 1,410 shares traded hands during trading, a decline of 99% from the average daily volume of 190,479 shares. The stock had previously closed at $28.00.

Venator Materials Price Performance

The company’s 50 day moving average price is $28.39 and its 200 day moving average price is $23.94. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.34 and a current ratio of 0.66. The company has a market cap of $1.07 billion, a price-to-earnings ratio of -3.05 and a beta of 1.68.

Venator Materials Company Profile

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 (TiO?) 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.