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KRO - Does The Dip In Kronos Worldwide Shares Present A Buying Opportunity?
Kronos Worldwide Inc
Kronos Worldwide's (KRO) shares have been under pressure over the past year amid concerns over falling demand and price of titanium dioxide (TiO2). Its share price started plummeting from $29 at the beginning of fiscal 2018 to 52-weeks low of $10 at the end of 2018. The stock is currently trading close to $14 - with a dividend yield of almost 5%.
Investors are wondering whether the dip in Kronos share price is presenting a buying opportunity. In this article, we closely look at its market fundamentals, financial numbers and dividend safety to gauge the