Report from Kronos Worldwide and its shares

Kronos Worldwide (NYSE: KRO) yesterday released its Q4th FY2021 results report.

In yesterday's trading, the company's shares opened at $14.01 and closed higher at $14.42 (+5.10%).

However, Kronos Worldwide's share price has fallen by -1.90% over the last five days. Thus, the company's 52-week high is USD 18.41 and the company's 52-week low is USD 12.06.

Also, Kronos Worldwide has a market cap of USD 1.67 billion.

The lowest price per share over the past five days is US$13.56 and the highest is US$15.09.

The total volume of shares bought and sold so far since the start of yesterday's trading day (Volume) is 145,625. Also, the average daily trading volume (usually in 30 days) in pieces (Avg. Volume) is 165,933.

Report from the company

Kronos Worldwide reported net income of $31.6 million, or $0.28 per share, in its report.

For the full year 2021, Kronos Worldwide reported net profit of $112.9m, or $0.98 per share.

Also, the company reported net sales of $496.0 million in the fourth quarter of 2021, or 20 percent, higher than in the fourth quarter of 2020.

Net sales of $1.9 billion for the full year 2021 were $300.6 million, or 18 percent, higher than in the full year 2020.

Net sales increased in Q4th FY2021 compared to the same period in 2020 mainly due to higher average selling prices of TiO2.

TiO2 sales volumes for the full year 2021 increased by 6%.

It is worth noting that the TiO2 segment's profit in Q4th FY2021 was US$55.6 million.

For the full year 2021, the Company's segment profit was US$202.2 million.

Kronos Worldwide was founded in 1916 and is headquartered in Dallas, Texas.