As on Thursday, PPG Industries, Inc. (NYSE: PPG) got off with the flyer as it spiked 0.76% to $127.24, before settling in for the price of $126.28 at the close. Taking a more long-term approach, PPG posted a 52-week range of $118.07-$151.16.
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The Basic Materials Sector giants’ yearly sales growth during the last 5-year period was 3.95%. Meanwhile, its Annual Earning per share during the time was -0.41%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 6.55%. This publicly-traded company’s shares outstanding now amounts to $235.21 million, simultaneously with a float of $230.98 million. The organization now has a market capitalization sitting at $29.52 billion. At the time of writing, stock’s 50-day Moving Average stood at $127.64, while the 200-day Moving Average is $132.67.
PPG Industries, Inc. (PPG) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Specialty Chemicals industry. PPG Industries, Inc.’s current insider ownership accounts for 0.44%, in contrast to 85.72% institutional ownership. According to the most recent insider trade that took place on May 08 ’24, this organization’s Chairman and CEO bought 2,061 shares at the rate of 133.24, making the entire transaction reach 274,615 in total value, affecting insider ownership by 35,833. Preceding that transaction, on Mar 01 ’24, Company’s Senior VP & CFO sold 3,400 for 140.94, making the whole transaction’s value amount to 479,196. This particular insider is now the holder of 28,439 in total.
PPG Industries, Inc. (PPG) Earnings and Revenue Records
PPG Industries, Inc.’s EPS increase for this current 12-month fiscal period is 6.55% and is forecasted to reach 8.88 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 7.77% through the next 5 years, which can be compared against the -0.41% growth it accomplished over the previous five years trading on the market.
PPG Industries, Inc. (NYSE: PPG) Trading Performance Indicators
Let’s observe the current performance indicators for PPG Industries, Inc. (PPG). It’s Quick Ratio in the last reported quarter now stands at 1.13. The Stock has managed to achieve an average true range (ATR) of 2.29. Alongside those numbers, its PE Ratio stands at $20.18, and its Beta score is 1.25. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.64. Similarly, its price to free cash flow for trailing twelve months is now 23.04.
In the same vein, PPG’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 6.31, a figure that is expected to reach 1.66 in the next quarter, and analysts are predicting that it will be 8.88 at the market close of one year from today.
Technical Analysis of PPG Industries, Inc. (PPG)
Through scrutinizing the latest numbers posted by the [PPG Industries, Inc., PPG], it can be observed that its last 5-days Average volume of 1.45 million was lower the volume of 1.6 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 16.96% While, its Average True Range was 2.26.
Raw Stochastic average of PPG Industries, Inc. (PPG) in the period of the previous 100 days is set at 47.84%, which indicates a major rise in contrast to 27.99% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 13.53% that was lower than 18.86% volatility it exhibited in the past 100-days period.
