PPG Industries (PPG) : During the past 4 weeks, traders have been relatively bearish on PPG Industries (PPG), hence the stock is down -4.16% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.69% relative to the S&P 500. The 4-week change in the price of the stock is -1.78% and the stock has fallen -0.27% in the past 1 week.
PPG Industries (NYSE:PPG): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $104.61 and $104.35 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $104.99. The buying momentum continued till the end and the stock did not give up its gains. It closed at $104.43, notching a gain of 0.32% for the day. The total traded volume was 1,063,659 . The stock had closed at $104.10 on the previous day.
The stock has recorded a 20-day Moving Average of 2.37% and the 50-Day Moving Average is 2.14%. PPG Industries, Inc. has dropped 3.58% during the last 3-month period . Year-to-Date the stock performance stands at 6.48%.
PPG Industries (PPG) : The highest level PPG Industries (PPG) is projected to reach is $130 for the short term and the lowest estimate is at $110. The consolidated price target from 14 rating analysts who initiate coverage on the stock is $123 and the possibility the share price can swing is $5.84.
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.