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Ppg Inds Inc: The Winning Streak Continues (PPG)

By David Diaz

Ppg Inds Inc (NYSE:PPG) traded at a new 52-week high today of $117.48. So far today approximately 86,000 shares have been exchanged, as compared to an average 30-day volume of 1.2 million shares.

Ppg Inds Inc has overhead space with shares priced $117.19, or 3.4% below the average consensus analyst price target of $121.35. Ppg Inds Inc shares have support at the 50-day moving average (MA) of $110.75 and additional support at the 200-day MA of $107.01.

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.

In the past 52 weeks, Ppg Inds Inc share prices have been bracketed by a low of $94.37 and a high of $117.48 and are now at $117.19, 24% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.6% while the 200-day MA has remained constant.

SmarTrend is tracking the current trend status for Ppg Inds Inc and will alert subscribers who have PPG in their portfolio or watchlist when shares have changed trend direction.

Keywords: 52 week high/lows ppg inds inc

Ticker(s): PPG