Kronos Worldwide Inc (KRO) : Fridays money flow points at investors jumping to buy the stock on the weakness of price. $0.33 million worth of transactions were on upticks, whereas, the downticks accounted for $0.15 million worth of transactions. The net money flow was a positive $0.18 million and the uptick to downtick ratio was 2.25. The net money flow into the stock was $0.12 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $0.12 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. Kronos Worldwide Inc (KRO) was trading at $8.63, down $0.05 during day. The stock slid -0.58% over the previous days close. For the week, the stock recorded 1.53% over the previous weeks close.
The company Insiders own 0.68% of Kronos Worldwide Inc shares according to the proxy statements. Institutional Investors own 14.71% of Kronos Worldwide Inc shares. During last six month period, the net percent change held by insiders has seen a change of 30.53%.
In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the COO of Kronos Worldwide Inc, Schluter Klemens, had purchased 5,000 shares in a transaction dated on March 22, 2016. The transaction was executed at $5.74 per share with total amount equaling $28,700.
Kronos Worldwide Inc (NYSE:KRO): The stock opened at $8.71 and touched an intraday high of $8.94 on Friday. During the day, the stock corrected to an intraday low of $8.57, however, the bulls stepped in and pushed the price higher to close in the green at $8.85 with a gain of 1.96% for the day. The total traded volume for the day was 518,516. The stock had closed at $8.68 in the previous trading session.
Kronos Worldwide Inc (KRO) : Traders are bullish on Kronos Worldwide Inc (KRO) as it has outperformed the S&P 500 by a wide margin of 51.22% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 3.6%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 4.12% in the last 1 week, and is up 51.02% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
KRONOS Worldwide, Inc. is a United States-based manufacturer of titanium dioxide. Its products include KRONOS Pigments for Coatings, KRONOS Pigments for Plastics, KRONOS Special Grades, Titanium Chemicals, Photocatalysts and KRONOS ecochem. It offers technical services for coatings, plastics, paper and paper laminates, and weathering, among others. Its coatings applications include industrial coatings, architectural coatings and wood protection coatings. Its plastics applications include polyolefins/masterbatches and polystyrene. Its paper applications include cardboard, paper pulp and packaging. Its man-made fiber applications include polyester and polyamide. Its other applications include concrete and other cementitious systems, health, food and beauty, and ceramic, glass and welding rods. It operates in Leverkusen, Germany; Nordenham, Germany; Varennes, Canada, and Lake Charles, United States, among others.