A look at PPG Industries, Inc.’s (PPG) recent performance gives investors their first glimpse of hope.

On Friday, PPG Industries, Inc. (NYSE: PPG) opened higher 1.77% from the last session, before settling in for the closing price of $129.12. Price fluctuations for PPG have ranged from $120.32 to $152.89 over the past 52 weeks.

Basic Materials Sector giant saw their annual sales surged by 3.95% over the last five years. Company’s average yearly earnings per share was noted 10.15% at the time writing. With a float of $233.48 million, this company’s outstanding shares have now reached $235.21 million.

The firm has a total of 53000 workers. Let’s measure their productivity.

PPG Industries, Inc. (PPG) Insider Activity

A key investor’s attitude towards the stock of the Specialty Chemicals industry is another important factor to consider. The insider ownership of PPG Industries, Inc. is 0.44%, while institutional ownership is 85.46%. The most recent insider transaction that took place on May 08 ’24, was worth 274,615. In this transaction Chairman and CEO of this company bought 2,061 shares at a rate of $133.24, taking the stock ownership to the 35,833 shares. Before that another transaction happened on Mar 01 ’24, when Company’s Senior VP & CFO sold 3,400 for $140.94, making the entire transaction worth $479,196. This insider now owns 28,439 shares in total.

PPG Industries, Inc. (PPG) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 10.15% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.11% during the next five years compared to -0.41% drop over the previous five years of trading.

PPG Industries, Inc. (NYSE: PPG) Trading Performance Indicators

Check out the current performance indicators for PPG Industries, Inc. (PPG). In the past quarter, the stock posted a quick ratio of 1.08. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.70. Likewise, its price to free cash flow for the trailing twelve months is 19.49.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.93, a number that is poised to hit 2.49 in the next quarter and is forecasted to reach 9.34 in one year’s time.

Technical Analysis of PPG Industries, Inc. (PPG)

Analysing the last 5-days average volume posted by the [PPG Industries, Inc., PPG], we can find that recorded value of 1.73 million was better than the volume posted last year of 1.71 million. As of the previous 9 days, the stock’s Stochastic %D was 25.11%. Additionally, its Average True Range was 2.21.

During the past 100 days, PPG Industries, Inc.’s (PPG) raw stochastic average was set at 20.86%, which indicates a significant decrease from 44.02% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 18.59% in the past 14 days, which was higher than the 17.61% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $135.21, while its 200-day Moving Average is $137.14. Now, the first resistance to watch is $132.77. This is followed by the second major resistance level at $134.12. The third major resistance level sits at $136.26. If the price goes on to break the first support level at $129.28, it is likely to go to the next support level at $127.14. Should the price break the second support level, the third support level stands at $125.79.

PPG Industries, Inc. (NYSE: PPG) Key Stats

There are currently 234,500K shares outstanding in the company with a market cap of 30.82 billion. Presently, the company’s annual sales total 18,246 M according to its annual income of 1,270 M. Last quarter, the company’s sales amounted to 4,311 M and its income totaled 400,000 K.