Rochester, NY 8/10/2009 8:41:49 PM
PPG Industries Inc. PPG - PPG Industries showing support around of $55.11
PPG Industries Inc. PPG
PPG Industries has hit earnings $56.16 at closed market. So far the stock has hit a 52-week low of $28.16 and 52-week high of $69.89. PPG Industries stock has been showing support around 55.11 and resistance in the 57.67 ranges. Technical indicators show that the company’s stock-still continues to move.
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PPG appears on the Investors Observer Hedged Dividend Income list. For a hedged play on this stock, look at a Nov '09 55-covered call (PPG KK) for a net debit in the $51.76 area. That is also the break even stock price for this trade.
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