PPG Industries (NYSE:PPG) traded at a new 52-week high today of $132.88. So far today approximately 2.9 million shares have been exchanged, as compared to an average 30-day volume of 837,000 shares.
PPG Industries share prices have moved between a 52-week high of $132.88 and a 52-week low of $78.80 and are now trading 66% above that low price at $131.18 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.2% while the 200-day MA has risen 0.5%.
There is potential upside of 0.9% for shares of PPG Industries based on a current price of $131.18 and an average consensus analyst price target of $132.38. The stock should discover initial support at its 50-day moving average (MA) of $118.17 and subsequent support at its 200-day MA of $106.71.
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.