PPG Industries (PPG) : During the past 4 weeks, traders have been relatively bearish on PPG Industries (PPG), hence the stock is down -2.92% 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 -0.08% relative to the S&P 500. The stock has risen by 0.09% in the past week indicating that the buyers are active at lower levels, but the stock is down -3.44% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 0.3% and the 50-Day Moving Average is 0.94%.The 200 Day SMA reached 0%
PPG Industries (NYSE:PPG): After opening at $102.65, the stock dipped to an intraday low of $102.65 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $103.85 and the buying power remained strong till the end. The stock closed at $103.36 for the day, a gain of 1.27% for the day session. The total traded volume was 1,716,461. The stocks close on the previous trading day was $103.36.
PPG Industries (PPG) stock is expected to deviate a maximum of $6.02 from the average target price of $123.23 for the short term period. 13 Street Experts have initiated coverage on the stock with the most promising target being $130 and the most muted being $110.
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.