The past six months have been quite tough for Venator Materials Inc (NYSE: VNTR) investors considering the fact that the stock has suffered from a steady selloff and gone down by as much as 40% during the period.
Market Reaction
On Friday, VNTR stock moved down 0.55% to $1.80 with more than 233K shares, compared to its average volume of 212K shares. The stock moved within a range of $1.7800 – 1.8100 after opening trade at $1.80.
Key Details
In this situation, it may be the right time for investors to consider if the stock is going to make a rebound or if it is going to continue to fall. As it happens, the company was in fact in the news last week on April 19 when it announced that it was going to announce discuss its financial results for the first quarter of 2022 in a conference call on May 4, 2022.
The results are expected to be released at 8 in the morning Eastern Time. People who wish to participate or listen in on the call could check out the Venator Materials website and choose to pre-register for the conference call. It was an important announcement from the company last week and it is going to be interesting to see if there is any interest in the Venator stock over the course of the coming days. It may be a good time to start tracking the news with regards to Venator.
Traders Review
VNTR stock is trading below the 20-Day and 50-Day Moving averages of $1.86 and $1.98 respectively. Moreover, the stock is trading below the 200-Day moving average of $2.66.
