The last stock price is up 4.20% relative to the two hundred day average, compared with the S&P 500 Index which has increased 0.05% over the date range. Over the last six months, PPG Industries, Inc.'s stock has been 0.08% and 6.91% for the year. The average 12 month price objective among brokerages that have issued ratings on the stock in the past year is $111.89. According to media reports, this puts the transaction value at €21bn.
The liquidity measure in recent quarter results of the company was recorded 1.50 as current ratio, on the other side the debt to equity ratio was 0.01.92, and long-term debt to equity ratio remained 0.01.92. During the same period a year ago, the company posted $1.16 EPS.
While Buechner said he's "fully committed" to rejecting PPG's approach as it stands, he declined to be drawn on whether the door is open to discussions with its suitor should it return with a better offer.
Semi driver killed by smoke from Kansas wildfire
Greg Abbot issued a statement Monday night saying he was sending state resources to the area to assist in fighting the fires. Jim Inhofe and James Lankford of Oklahoma planned to visit the northwest part of the state Friday to discuss the wildfires.
The dividend yield for the company is hovering around 1.59% while the pay out ratio is now at 47.10%. The stock's market capitalization is 19.38B, it has a 52-week low of 19.32 and a 52-week high of 27.40. They are one of the leading companies in the Specialty Chemicals in USA. Cadence Capital Management LLC now owns 2,128 shares of the company's stock valued at $202,000 after buying an additional 6 shares during the period. Equities analysts anticipate that PPG Industries will post $5.90 earnings per share for the current fiscal year.
Coatings and specialty products maker PPG Industries (PPG) is posting a notable loss in afternoon trading on Thursday, falling by 3.7 percent. The Performance Coatings segment consists of the refinish, aerospace, protective and marine, architectural-Americas and Asia Pacific, and architectural-EMEA coatings businesses.