PPG Industries (PPG) : Traders are bullish on PPG Industries (PPG) as it has outperformed the S&P 500 by a wide margin of 2.64% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.71%, 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 1.22% in the last 1 week, and is up 2.5% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 1.76% and the 50-Day Moving Average is 1.67%.The 200 Day SMA reached 3.58%. PPG Industries, Inc. has dropped 0.62% during the last 3-month period . Year-to-Date the stock performance stands at 9.56%.
PPG Industries (NYSE:PPG): After opening at $106.74, the stock dipped to an intraday low of $106.32 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $107.07 and the buying power remained strong till the end. The stock closed at $107.04 for the day, a gain of 1.00% for the day session. The total traded volume was 662,667. The stocks close on the previous trading day was $105.98.
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.