PPG Industries Inc. (NYSE:PPG) traded today at a new 52-week high of $124.90. So far today approximately 279,000 shares have been exchanged, as compared to an average 30-day volume of 1 million shares.
PPG Industries, Inc. supplies products for the manufacturing, construction, automotive, chemical processing, and other industries worldwide. The Company makes protective and decorative coatings, flat glass, fabricated glass products, continuous-strand fiber glass products, and industrial and specialty chemicals.
Based on a current price of $124.49, PPG Industries Inc. is currently 2.5% above its average consensus analyst price target of $121.35. PPG Industries Inc. shares have support at the 50-day moving average (MA) of $114.66 and additional support at the 200-day MA of $112.50.
Over the past year, PPG Industries Inc. has traded in a range of $94.37 to $124.90 and is now at $124.49, 32% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.4%.
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