PPG Industries (PPG) : Investors lapped up stocks on upticks to the tune of $37.98 million in the Thursdays trading session. The trading value on downticks was comparatively at $24.92 million and the uptick to downtick ratio of 1.52 indicates continuous buying by the bulls. The net money flow into the stock was $13.06 million. Upticks saw transactions worth $12.42 clearly indicating buying by large investors. The total money flow for block trades stood at $12.42 million, which is a positive for the stock in the long-term. PPG Industries (PPG) fell $0.84 during the day at $108.63, a drop of -0.77% over the previous days close. However, for the week, the stock is 2.17%, compared to the previous week.
The stock has recorded a 20-day Moving Average of 2.96% and the 50-Day Moving Average is 1.59%. Shares have dropped -8.51% from its 1 Year high price. On Jul 16, 2015, the shares registered one year high at $118.27 and the one year low was seen on Oct 1, 2015. The 50-Day Moving Average price is $106.58 and the 200 Day Moving Average price is recorded at $103.78.
PPG Industries (NYSE:PPG): The stock opened at $109.81 on Thursday but the bulls could not build on the opening and the stock topped out at $109.99 for the day. The stock traded down to $108.35 during the day, due to lack of any buying support eventually closed down at $108.63 with a loss of -0.77% for the day. The stock had closed at $109.47 on the previous day. The total traded volume was 1,359,368 shares.
In an insider trading activity, 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.