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 19.14% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 6.47%, 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 6.93% in the last 1 week, and is up 22.11% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
Williams Companies (The) (NYSE:WMB): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $25.26 and $24.62 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $25.85. The buying momentum continued till the end and the stock did not give up its gains. It closed at $25.63, notching a gain of 2.60% for the day. The total traded volume was 14,012,406 . The stock had closed at $24.98 on the previous day.
The stock has recorded a 20-day Moving Average of 8.74% and the 50-Day Moving Average is 15.18%. Williams Companies, Inc. is up 34.04% in the last 3-month period. Year-to-Date the stock performance stands at 6.54%.
Williams Companies (The) (WMB) : The most positive equity analysts on Williams Companies (The) (WMB) expects the shares to touch $29, 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 $25.44 with an expected fluctuation of $2.51 from the mean.
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.