Williams Companies (The) (WMB) has been under a strong bear grip, hence the stock is down -0.32% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 10.03% in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 11.67% in the last 1 week, and is up 4.04% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock. The stock has recorded a 20-day Moving Average of 9.92% and the 50-Day Moving Average is 11.86%.
Williams Companies (The) (NYSE:WMB): The stock opened at $23.82 on Friday but the bulls could not build on the opening and the stock topped out at $24.29 for the day. The stock traded down to $22.87 during the day, due to lack of any buying support eventually closed down at $23.44 with a loss of -0.68% for the day. The stock had closed at $23.60 on the previous day. The total traded volume was 15,355,860 shares.
The company Insiders own 8.87% of Williams Companies (The) shares according to the proxy statements. Institutional Investors own 83.82% of Williams Companies (The) shares. In a related news, The Securities and Exchange Commission has divulged that Timmermans Ted T, officer (Vice President and Controller) of Williams Companies Inc, had unloaded 1,000 shares at an average price of $36.58 in a transaction dated on November 30, 2015. The total value of the transaction was worth $36,580.
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.