PPG Stock Hits New 52-Week High (PPG)

NEW YORK ( TheStreet) -- PPG Industries (NYSE: PPG) hit a new 52-week high Thursday as it is currently trading at $161.37, above its previous 52-week high of $160.83 with 443,654 shares traded as of 10:56 a.m. ET. Average volume has been 691,600 shares over the past 30 days.

PPG has a market cap of $22.09 billion and is part of the basic materials sector and chemicals industry. Shares are up 15.9% year to date as of the close of trading on Wednesday.

PPG Industries, Inc. operates as a coatings and specialty products company.

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TheStreet Ratings rates PPG as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, compelling growth in net income, expanding profit margins, impressive record of earnings per share growth and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full PPG Ratings Report.

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