Seeking Alpha

Kronos shares jump early

Shares of titanium dioxide producer Kronos (KRO +4.2%) are notably higher in early trading.

In an article published Sunday, SA contributor Nathan Rapport says "record sales volumes, increased selling prices, and decreased cost of goods" are compelling reasons to be optimistic about the company's near-term outlook.

As for the longer-term, Rapport thinks KRO's current ratio is "healthy" and says the dividend offers a bit of a downside cushion.

Comments (1)
  • Michael Bryant
    , contributor
    Comments (5941) | Send Message
    Titanium dioxide is largely used in paint. As housing recovers, more paint is needed.
    26 Aug 2013, 01:27 PM Reply Like
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