Williams-Sonoma (WSM) has risen sharply, recording gains of 1.9% in the past 4 weeks. However, the stock has corrected -0.06% in the past 1 week, providing a good buying opportunity on dips. Williams-Sonoma (WSM) : During the past 4 weeks, traders have been relatively bearish on Williams-Sonoma (WSM), hence the stock is down -4.54% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.67% relative to the S&P 500.
Williams-Sonoma (NYSE:WSM): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $53.51 and $53.11 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $53.77. The buying momentum continued till the end and the stock did not give up its gains. It closed at $53.51, notching a gain of 0.39% for the day. The total traded volume was 1,011,180 . The stock had closed at $53.30 on the previous day.
The stock has recorded a 20-day Moving Average of 1.2% and the 50-Day Moving Average is 2.32%. Williams-Sonoma Inc. has dropped 8.92% during the last 3-month period . Year-to-Date the stock performance stands at -6.54%.
Williams-Sonoma, Inc. is an e-commerce and multi-channel specialty retailer of products for the home with some brands in home furnishings. The Company operates in two segments: e-commerce and retail. The e-commerce segment has the merchandising strategies, which include Williams-Sonoma, Pottery Barn, Pottery Barn Kids, West Elm, PBteen, Williams-Sonoma Home, Rejuvenation and Mark and Graham, which sells its products through its e-commerce Websites and direct-mail catalogs. The retail segment has the merchandising strategies, which include Williams-Sonoma, Pottery Barn, Pottery Barn Kids, West Elm and Rejuvenation, which sells its products through its retail stores. The Company operates retail stores in the United States, Canada, Puerto Rico, Australia and the United Kingdom, and franchises its brands to third-parties in various countries in the Middle East and the Philippines. The Companys products are also available to customers through its catalogs and online across the world.