Kronos Worldwide traded at $6.13 this Wednesday July 1st, decreasing $0.20 or 3.16 percent since the previous trading session. Looking back, over the last four weeks, Kronos Worldwide lost 15.21 percent. Over the last 12 months, its price fell by 6.84 percent. Looking ahead, we forecast Kronos Worldwide to be priced at 6.39 by the end of this quarter and at 6.00 in one year, according to Trading Economics global macro models projections and analysts expectations.
Kronos Worldwide, Inc. (Kronos) is a producer and marketer of titanium dioxide pigments (TiO2), a base industrial product used in a range of applications. The Company, along with its distributors and agents, sells and provides technical services for its products with sales in Europe, North America and the Asia Pacific region. It offers its customers a portfolio of products that include TiO2 pigment grades under the Kronos brand, which provides a range of performance properties. The Company offers its products to domestic and international paint, plastics, decorative laminate and paper manufacturers. It ships TiO2 to its customers in either a powder or slurry form through rail, truck or ocean carrier. The Company and its agents and distributors sell its products in three end-use markets, including coatings, plastics and paper. It produces TiO2 in two crystalline forms, which include rutile and anatase.