PPG Industries, Inc. (NYSE: PPG) is -9.72% lower on its value in year-to-date trading and has touched a low of $120.32 and a high of $152.89 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The PPG stock was last observed hovering at around $134.43 in the last trading session, with the day’s gains setting it 0.59%.
Currently trading at $135.02, the stock is -4.13% and -4.08% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.29 million and changing 0.44% at the moment leaves the stock -3.12% off its SMA200. PPG registered -3.07% loss for a year compared to 6-month gain of 3.81%.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a -2.84% loss in the last 1 month and extending the period to 3 months gives it a -7.23%, and is -3.50% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.86% over the week and 1.60% over the month.
PPG Industries, Inc. (PPG) has around 53000 employees, a market worth around $31.78B and $18.25B in sales. Current P/E ratio is 25.23 and Fwd P/E is 14.38. Profit margin for the company is 6.96%. Distance from 52-week low is 12.21% and -11.69% from its 52-week high. The company has generated returns on investments over the last 12 months (8.94%).
The EPS is expected to grow by 10.66% this year.
PPG Industries, Inc. (PPG) Top Institutional Holders
The shares outstanding are 235.21M, and float is at 234.34M with Short Float at 1.77%.
PPG Industries, Inc. (PPG) Insider Activity
The most recent transaction is an insider sale by Morales Vincent J,the company’sSenior VP & CFO. SEC filings show that Morales Vincent J sold 3,400 shares of the company’s common stock on Mar 01 ’24 at a price of $140.94 per share for a total of $0.48 million. Following the sale, the insider now owns 28439.0 shares.
PPG Industries, Inc. disclosed in a document filed with the SEC on Aug 01 ’23 that Morales Vincent J (Senior VP & CFO) sold a total of 3,700 shares of the company’s common stock. The trade occurred on Aug 01 ’23 and was made at $143.33 per share for $0.53 million. Following the transaction, the insider now directly holds 22665.0 shares of the PPG stock.
Still, SEC filings show that on Jul 26 ’23, MCGARRY MICHAEL H (Executive Chairman) disposed off 58,378 shares at an average price of $145.46 for $8.49 million. The insider now directly holds 195,706 shares of PPG Industries, Inc. (PPG).
