PPG Industries (PPG) : Traders are bullish on PPG Industries (PPG) as it has outperformed the S&P 500 by a wide margin of 1.21% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.64%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.97% in the last 1 week, and is up 0.99% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 1.16% and the fifty day Moving Average is 0.35%. PPG Industries, Inc. has dropped 2.25% during the last three month period . Year-to-Date the stock performance stands at 8.24%.
PPG Industries (PPG) : Currently there are 13 street experts covering PPG Industries (PPG) stock. The most bullish and bearish price target for the stock is $130 and $110 respectively for the short term. The average price target of all the analysts comes to $123.23. The estimated standard deviation from the target is $6.02.
PPG Industries (NYSE:PPG): On Fridays trading session , Opening price of the stock was $106.97 with an intraday high of $107.6499. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $105.41. However, the stock managed to close at $105.75, a loss of 0.94% for the day. On the previous day, the stock had closed at $106.75. The total traded volume of the day was 929,702 shares.
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.