PPG Industries, Inc (NYSE:PPG) currently has a daily average trading volume of 2.14M but it saw 3159042 shares traded in last market. With a market cap of 25.89B USD, the company’s current market price of $114.09 came rising about 4.39 while comparing to the previous closing price of $109.29. In past 52 weeks, the stock remained buoying in the range of price level as high as $145.60 and as low as $109.15.
Taking a look at 20-day trading activity of PPG Industries, Inc (PPG) gives us an average price of $114.83, while its current price level is -21.64% below from 52-week high level whereas it is 4.53% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $117.19 while that of 200 days or SMA-200 reads an average of $124.38. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.12% during that period while stretching the period over a month that decreases to 2.27%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 46.92 which implies that the stock is in neutral territory.
JP Morgan downgraded its recommendation for the stock as a “Neutral” from “Overweight” on February 12, 2025 while assigning a price target range of $145-$115.
Over the week, PPG’s stock price is moving -0.83% down while it is 1.88% when we observe its performance for the past one month. Year-to-date it is -4.49% down and over the past year, the stock is showing a downside performance of -18.23%.
Currently, PPG Industries, Inc’s total number of outstanding shares is 229.93M with 0.52% of that held by the insiders while 90.80% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 11.56% and return on equity (ROE) at 19.13%. It has a price to earnings ratio (P/E ratio) of 19.18 while having a 13.17 of forward P/E ratio. Stock’s beta reads 1.17. Stock has a price to book (P/B) ratio of 3.87 while price to sale or P/S ratio amounts to 1.49. Its return on asset (ROA) is 6.81% on average.
