Shares of PPG Industries, Inc. (PPG) Sees Large Inflow of Net Money Flow

PPG Industries, Inc. (PPG) traded negative at $99.85. On an intraday basis, the price dropped -0.16 points or -0.16%. The composite uptick value was $29.14 million while the combined downtick value was $21.91. The net money flow was $7.23 million while the up/down ratio was not very comforting at 1.33. The shares on a weekly note has seen a change in share price of -2.13%.According to the trading data, the shares saw a block trade with $8.27 million in upticks and $0 million in downticks. The up/down ratio for the block was calculated to be 0. The net money flow for the block trade was 8.27.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

PPG Industries, Inc. has dropped 0.51% in the last five trading days, however, the shares have posted positive gains of 6.12% in the last 4 weeks. PPG Industries, Inc. is up 8.44% in the last 3-month period. Year-to-Date the stock performance stands at 6.12%. PPG Industries, Inc. (NYSE:PPG) rose 0.55% or 0.55 points on Wednesday and made its way into the gainers of the day. After trading began at $99.65 the stock was seen hitting $100.76 as a peak level and $99 as the lowest level. The stock ended up at $100.56. The daily volume was measured at 1,643,610 shares. The 52-week high of the share price is $117 and the 52-week low is $88.37. The company has a market cap of $26,547 million.

Company has reported several Insider transactions to the SEC, on Aug 8, 2016, Timothy M Knavish (Sr. VP, Automotive Coatings) sold 9,300 shares at 104.08 per share price.On Jul 28, 2016, Viktoras R Sekmakas (Executive Vice President) sold 40,950 shares at 106.64 per share price.On Mar 1, 2016, Charles E Bunch (Executive Chairman of Board) sold 46,286 shares at 98.17 per share price.

PPG Industries Last issued its quarterly earnings results on Jan 19, 2017. The company reported $1.19 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $1.18. The company had revenue of $3500.00 million for the quarter, compared to analysts expectations of $3553.78 million. The companys revenue was down -5.3 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.23 EPS.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.PPG Industries was Downgraded by Susquehanna to Neutral on Jan 17, 2017. PPG Industries was Downgraded by Citigroup to Neutral on Jan 9, 2017. PPG Industries was Downgraded by RBC Capital Mkts on Dec 13, 2016 to Sector Perform, Lowers Price Target to $ 101 from a previous price target of $105 .

PPG Industries, Inc. is comprised of three following basic business segments: coatings, glass and chemicals. Areas in which resources have been focused are automotive original, refinish, industrial, aerospace, packaging, and architectural coatings; flat glass, automotive original and replacement glass, aircraft transparencies, continuous-strand fiber glass; and chlor-alkali and specialty chemicals.


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