PPG - Shares of PPG Industries Inc. (PPG) Have Risen Above Previous 52-Week High
PPG Industries Inc. (NYSE:PPG) traded at a new 52-week high today of $182.97. So far today approximately 92,000 shares have been exchanged, as compared to an average 30-day volume of 1.1 million shares.
In the past 52 weeks, shares of PPG Industries Inc. have traded between a low of $98.41 and a high of $182.97 and is now at $181.62, which is 85% above that low price.
Based on a current price of $181.62, PPG Industries Inc. is currently 10.8% above its average consensus analyst price target of $161.98.
PPG is a global producer of coatings. The company is the world's largest producer of coatings after the purchase of selected AkzoNobel assets. PPG's products are sold to a wide variety of end users, including the automotive, aerospace, construction, and industrial markets. The company has a footprint in many regions around the globe, with less than half of sales coming from North America in recent years. PPG is focused on its coatings and specialty products and expansion into emerging regions, as exemplified by the Comex acquisition.
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