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Should You Buy Kronos Worldwide, Inc. (KRO) Stock on Tuesday?

Tuesday, February 27, 2024 01:39 PM | InvestorsObserver Analysts

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Should You Buy Kronos Worldwide, Inc. (KRO) Stock on Tuesday?

Overall market sentiment has been high on Kronos Worldwide, Inc. (KRO) stock lately. KRO receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,bullish
Kronos Worldwide, Inc. has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on KRO!

What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With KRO Stock Today?

Kronos Worldwide, Inc. (KRO) stock has gained 3.47% while the S&P 500 is down -0.15% as of 1:23 PM on Tuesday, Feb 27. KRO has risen $0.31 from the previous closing price of $8.79 on volume of 101,369 shares. Over the past year the S&P 500 is up 27.12% while KRO is down -23.68%. KRO lost -$0.55 per share in the over the last 12 months. To see InvestorsObserver's Sentiment Score for Kronos Worldwide, Inc. click here.

More About Kronos Worldwide, Inc.

Kronos Worldwide Inc manufactures and sells titanium dioxide pigments. Titanium dioxide is a white inorganic pigment used in a variety of products. The majority of Kronos' sales come from titanium dioxide used for coatings on automobiles, aircraft, machines, appliances, traffic paint, and in both commercial and residential interiors and exteriors. The second- largest product category is titanium dioxide used for plastics such as packaging materials and food packaging, houseware, appliances, toys, and computer cases. The majority of revenue comes from Europe. Click Here to get the full Stock Report for Kronos Worldwide, Inc. stock.

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