Large Inflow of Money Witnessed in Waste Connections

Waste Connections (WCN): $2.82 million was the positive money flow into the stock on Thursday and the up/down ratio of ticks was also in favor of the bulls at 1.39. The value of trades done on upticks was $10.15 million, whereas, trades done on downticks were valued at $7.33 million. Money flows are calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades. large traders, also sometimes called as the smart money, block traded $1.76 million worth stocks on upticks, which is a bullish indication. The money flow in block trades was $1.76 million. Waste Connections (WCN) fell $0.07 traded at $72.92, a change of -0.1% over the previous day. The stock is 1.4% for the week.


Waste Connections (WCN) stock is expected to deviate a maximum of $8.27 from the average target price of $73.14 for the short term period. 11 Street Experts have initiated coverage on the stock with the most promising target being $83 and the most muted being $58. The stock has recorded a 20-day Moving Average of 1.56% and the 50-Day Moving Average is 4.35%.

Waste Connections (NYSE:WCN): The stock opened at $73.15 on Thursday but the bulls could not build on the opening and the stock topped out at $73.85 for the day. The stock traded down to $72.64 during the day, due to lack of any buying support eventually closed down at $72.89 with a loss of -0.14% for the day. The stock had closed at $72.99 on the previous day. The total traded volume was 593,113 shares.

Waste Connections, Inc. is an integrated municipal solid waste (MSW) services company that provides solid waste collection, transfer, disposal and recycling services. It provides non-hazardous exploration and production (E&P), waste treatment, recovery and disposal services. The Company operates in four segments: Western, Central, Eastern and E&P. The Companys Western segment consists of locations in Alaska, California, Idaho, Montana, Nevada, Oregon, Washington and western Wyoming. The Companys Central segment consists of locations in Arizona, Colorado, Kansas, Louisiana, Minnesota, Nebraska, New Mexico, Oklahoma, South Dakota, Texas, Utah and eastern Wyoming. The Companys Eastern segment consists of locations in Alabama, Illinois, Iowa, Kentucky, Massachusetts, Michigan, Mississippi, New York, North Carolina, South Carolina and Tennessee. The Companys E&P segment consists of its E&P operations in Louisiana, New Mexico, North Dakota, Oklahoma, Texas, Wyoming and Gulf of Mexico.

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