Williams Companies (The) (WMB) has risen sharply, recording gains of 7.51% in the past 4 weeks. However, the stock has corrected -0.93% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 9.74% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
The stock has recorded a 20-day Moving Average of 3.69% and the 50-Day Moving Average is 14.9%.The 200 Day SMA reached 44.06% Williams Companies, Inc. is up 33% in the last 3-month period. Year-to-Date the stock performance stands at 24.57%.
Williams Companies (The) (WMB) : The most positive equity analysts on Williams Companies (The) (WMB) expects the shares to touch $30, whereas, the least positive believes that the stock will trade at $21 in the short term. The company is covered by 9 Wall Street Brokerage Firms. The average price target for shares are $26.44 with an expected fluctuation of $2.79 from the mean.
For the current week, the company shares have a recommendation consensus of Buy. Williams Companies (The) (NYSE:WMB): stock was range-bound between the intraday low of $29.3 and the intraday high of $30 after having opened at $29.33 on Fridays session. The stock finally closed in the red at $29.33, a loss of -0.27%. The stock remained in the red for the whole trading day. The total traded volume was 13,203,018 shares. The stock failed to cross $30 in Fridays trading. The stocks closing price on Thursday was $29.84.
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.