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) pushed the Chemicals industry lower today making it today's featured Chemicals laggard. The industry as a whole closed the day up 0.3%. By the end of trading, PPG Industries fell $1.97 (-1.2%) to $160.27 on light volume. Throughout the day, 429,248 shares of PPG Industries exchanged hands as compared to its average daily volume of 669,600 shares. The stock ranged in price between $159.76-$162.85 after having opened the day at $162.65 as compared to the previous trading day's close of $162.24. Other companies within the Chemicals industry that declined today were:
), down 5.2%,
), down 3.8%,
), down 3.5% and
), down 2.9%.
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PPG Industries, Inc. operates as a coatings and specialty products company. PPG Industries has a market cap of $22.9 billion and is part of the basic materials sector. Shares are up 19.9% year to date as of the close of trading on Friday. Currently there are 12 analysts that rate PPG Industries a buy, no analysts rate it a sell, and 6 rate it a hold.
TheStreet Ratings rates
. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full PPG Industries Ratings Report.
On the positive front,
), up 20.2%,
), up 10.0%,
), up 5.1% and
), up 3.2% , were all gainers within the chemicals industry with
) being today's featured chemicals industry leader.
- Use our chemicals section to find industry-relevant news.
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For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the chemicals industry could consider
) while those bearish on the chemicals industry could consider
- Find other investment ideas from our top rated ETFs lists.