PPG Industries (NYSE:PPG) has been under a strong bear grip, hence the stock is down -4.22% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.44% in the past 1 week. The stock has risen by 1.72% in the past week indicating that the buyers are active at lower levels, but the stock is down -2.67% in the past 4 weeks.
The company shares have dropped -8.76% 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 $106.57 and the 200 Day Moving Average price is recorded at $103.69.
The stock has recorded a 20-day Moving Average of 0.61% and the 50-Day Moving Average is 0.85%.
PPG Industries (NYSE:PPG): stock turned positive on Friday. Though the stock opened at $104.18, the bulls momentum made the stock top out at $106.6099 level for the day. The stock recorded a low of $103.98 and closed the trading day at $106.32, in the green by 3.19%. The total traded volume for the day was 1,649,140. The stock had closed at $103.03 in the previous days trading.
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.