Shares of Waste Management (WM) Sees Large Inflow of Net Money Flow

Waste Management (WM) : Wednesdays money flow indicated an uptick to downtick ratio was at 1.85. The total value of inflow transactions on upticks was $22.04 million, whereas, the total value of outflow trades on downticks was $11.92 million. The total money flow was $10.13 million, which shows a mild bullish bias. The total money flow into the stock in block trades was $9.62 million. The total value of the trades done on upticks was $9.62 million. Waste Management (WM) was trading with a -0.06% change over previous days close. It fell $0.04 during the day and reached $63.85. The stock was 0.77% compared to the previous weeks close.


Waste Management, Inc. has lost 0.23% in the last five trading days and dropped 0.17% in the last 4 weeks. Waste Management, Inc. has dropped 0.81% during the last 3-month period . Year-to-Date the stock performance stands at 22.09%.

Waste Management (WM) : Zacks Investment Research ranks Waste Management (WM) as 2, which is a Buy recommendation. 4 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. A total of 6 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 10 research analysts is 2.2, which indicates as a Buy.

Waste Management (NYSE:WM): stock was range-bound between the intraday low of $63.72 and the intraday high of $64.16 after having opened at $63.96 on Wednesdays session. The stock finally closed in the red at $63.96, a loss of -0.06%. The stock remained in the red for the whole trading day. The total traded volume was 1,455,716 shares. The stock failed to cross $64.16 in Wednesdays trading. The stocks closing price on Thursday was $63.89.

Waste Management, Inc. is a holding company. The Company, through its subsidiaries, provides waste management environmental services. The Companys Solid Waste business is operated and managed locally by its subsidiaries that focus on geographic areas and provides collection, transfer, recycling and resource recovery, and disposal services. The Company develops, operates and owns landfill gas-to-energy facilities in the United States. The Companys segments include Tier 1, which comprises areas in the Southern United States; Tier 2, which comprises areas located in the Midwest and Northeast United States, and Tier 3, which encompasses the remaining areas, including the Northwest and Mid-Atlantic regions of the United States and Eastern Canada. The Company owns or operates 252 landfill sites. It manages 298 transfer stations that consolidate, compact and transport waste.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *