Large Inflow of Money Witnessed in PPG Industries

PPG Industries (NYSE:PPG) dropped slightly amid mild profit booking and the last known price was $108.14 per share. The price decreased by -0.28 points or -0.26% which made the investors to buy on weakness. For the latest trading session, the net money flow was recorded at $2.24 million. The total upticks were valued at $20.78 million and the total downticks aggregated to $18.54 million, thereby putting the up/down ratio at 1.12,. The shares have seen a change in the share price of -0.04% on a weekly basis.In a big block trade which occurred today, the total uptick value was $1.11 million and the total downtick value was $0, resulting in an up/down ratio of 0. The net money flow for the block trade was calculated to be $1.11 million.


The stock has recorded a 20-day Moving Average of 0.03% and the 50-Day Moving Average is 1.3%. The company shares have dropped 8.34% in the past 52 Weeks. On June 23, 2015 The shares registered one year high of $118.69 and one year low was seen on October 1, 2015 at $82.93. The 50-day moving average is $107.98 and the 200 day moving average is recorded at $103.34. S&P 500 has rallied 1.93% during the last 52-weeks.

PPG Industries (NYSE:PPG): The stock opened at $108.65 on Tuesday but the bulls could not build on the opening and the stock topped out at $108.65 for the day. The stock traded down to $107.83 during the day, due to lack of any buying support eventually closed down at $108.06 with a loss of -0.33% for the day. The stock had closed at $108.42 on the previous day. The total traded volume was 1,346,303 shares.

Currently the company Insiders own 0.68% of PPG Industries shares according to the proxy statements. Institutional Investors own 75.66% of PPG Industries shares. During last six month period, the net percent change held by insiders has seen a change of -6.68%. On the companys insider trading activities, Bunch Charles E, director officer (Executive Chairman of Board) of Ppg Industries Inc, unloaded 46,286 shares at an average price of $98.17 on February 26, 2016. The total amount of the transaction was worth $4,543,897, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

PPG Industries, Inc. (PPG) manufactures and distributes a range of coatings, optical and specialty materials and glass products. The Company operates business through three segments: Performance Coatings, Industrial Coatings and Glass. The Performance Coatings segment consists of the refinish, aerospace, architectural coatings-Americas and Asia Pacific, architectural coatings-EMEA, and protective and marine coatings operating businesses. It primarily supplies a range of protective and decorative coatings, sealants and finishes along with paint strippers, stains and related chemicals. The Industrial Coatings segment consists of the automotive original equipment manufacturer (OEM) coatings, industrial coatings, packaging coatings, and the specialty coatings and materials operating businesses. The Glass segment consists of the flat glass and fiber glass businesses. It supplies flat glass and continuous-strand fiber glass products.

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