On Friday, PPG Industries, Inc (NYSE: PPG) opened lower -5.11% from the last session, before settling in for the closing price of $112.03. Price fluctuations for PPG have ranged from $90.24 to $137.24 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
A company in the Basic Materials sector has jumped its sales by 0.91% annually for the last half of the decade. Company’s average yearly earnings per share was noted -0.30% at the time writing. With a float of $225.85 million, this company’s outstanding shares have now reached $227.00 million.
In an organization with 46000 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 40.18%, operating margin of 14.42%, and the pretax margin is 11.93%.
PPG Industries, Inc (PPG) Insider Updates
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 0.51%, while institutional ownership is 86.57%. The most recent insider transaction that took place on Feb 14 ’25, was worth 568,080. In this transaction Chairman and CEO of this company sold 4,800 shares at a rate of $118.35, taking the stock ownership to the 35,833 shares. Before that another transaction happened on Feb 14 ’25, when Company’s Officer proposed sale 4,800 for $118.35, making the entire transaction worth $568,080.
PPG Industries, Inc (PPG) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -0.30% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.00% during the next five years compared to 2.71% growth 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 0.99. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.44. Likewise, its price to free cash flow for the trailing twelve months is 30.62.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.90, a number that is poised to hit 2.23 in the next quarter and is forecasted to reach 8.55 in one year’s time.
Technical Analysis of PPG Industries, Inc (PPG)
Let’s dig in a bit further. During the last 5-days, its volume was 1.79 million. That was inferior than the volume of 2.14 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 37.39%. Additionally, its Average True Range was 2.53.
During the past 100 days, PPG Industries, Inc’s (PPG) raw stochastic average was set at 46.55%, which indicates a significant increase from 2.32% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.79% in the past 14 days, which was lower than the 36.60% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $107.42, while its 200-day Moving Average is $117.91. However, in the short run, PPG Industries, Inc’s stock first resistance to watch stands at $109.35. Second resistance stands at $112.41. The third major resistance level sits at $114.04. If the price goes on to break the first support level at $104.66, it is likely to go to the next support level at $103.03. Assuming the price breaks the second support level, the third support level stands at $99.97.
PPG Industries, Inc (NYSE: PPG) Key Stats
There are currently 227,000K shares outstanding in the company with a market cap of 24.13 billion. Presently, the company’s annual sales total 15,845 M according to its annual income of 1,116 M. Last quarter, the company’s sales amounted to 3,684 M and its income totaled 373,000 K.
