Relatively High Level of Cash Detected in Shares of PPG Industries in the Specialty Chemicals Industry (PPG, ASH, CE, GRA, IFF)
Below are the three companies in the Specialty Chemicals industry with the highest cash equivalents (CE). Analysts use CE as a measure to compare the cash cushion of companies in the same industry.
PPG Industries ranks highest with a CE of $1,000. Following is Ashland with a CE of $1,000. Celanese ranks third highest with a CE of $982.
WR Grace follows with a CE of $331, and International Flavors & Fragrances rounds out the top five with a CE of $272.
SmarTrend recommended that subscribers consider buying shares of International Flavors & Fragrances on July 13th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $131.81. Since that recommendation, shares of International Flavors & Fragrances have risen 6.9%. We continue to monitor International Flavors & Fragrances for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest level of cash PPG Industries ashland Celanese wr grace international flavors & fragrances