Williams Companies (The) (WMB) : Traders are bullish on Williams Companies (The) (WMB) as it has outperformed the S&P 500 by a wide margin of 16.35% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.21%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.54% in the last 1 week, and is up 16.1% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 6.41% and the fifty day Moving Average is 16.89%. Williams Companies, Inc. is up 33.49% in the last three month period. Year-to-Date the stock performance stands at 15.69%.
Williams Companies (The) (WMB) has been rated by 9 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $29 and the lowest price target forecast is $21. The average forecast of all the analysts is $25.44 and the expected standard deviation is $2.51.
Williams Companies (The) (NYSE:WMB): On Fridays trading session , Opening price of the stock was $28.04 with an intraday high of $28.2. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $27.5. However, the stock managed to close at $27.83, a loss of 0.14% for the day. On the previous day, the stock had closed at $27.87. The total traded volume of the day was 6,801,836 shares.
The Williams Companies, Inc. is an energy infrastructure company focused on connecting North Americas hydrocarbon resource plays to markets for natural gas, natural gas liquids (NGLs), and olefins. The Company operates through three segments: Williams Partners, comprised of its consolidated partnership Pre-merger WPZ (Williams Partners L.P.), which includes gas pipeline and midstream businesses; Access Midstream, comprised of its consolidated master limited partnership ACMP (Access Midstream Partners, L.P.), which includes certain domestic midstream businesses that provide gathering, treating, and compression services to producers under long-term, fee-based contracts, and Williams NGL and Petchem Services, comprised of certain other domestic olefins pipeline assets and certain Canadian growth projects under development, including a propane dehydrogenation facility and a liquids extraction plant.