Williams Companies (The) (NYSE:WMB) has climbed 2.22% in the past week and advanced 1.72% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 3.45% and the outperformance has advanced to 0.79% for the last 4 weeks period.
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 $22.30 and $22.20 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $22.82. The buying momentum continued till the end and the stock did not give up its gains. It closed at $22.53, notching a gain of 1.81% for the day. The total traded volume was 11,845,700 . The stock had closed at $22.13 on the previous day.
The company shares have dropped -62.98% from its 1 Year high price. On Jun 22, 2015, the shares registered one year high at $61.38 and the one year low was seen on Feb 8, 2016. The 50-Day Moving Average price is $21.21 and the 200 Day Moving Average price is recorded at $19.82.
On the companys insider trading activities,The officer (Vice President and Controller) of Williams Companies Inc, Timmermans Ted T sold 1,000 shares at $36.58 on November 30, 2015. The Insider selling transaction had a total value worth of $36,580. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Many analysts have stated their opinion on the company shares. In a research note released to the investors, Jefferies maintains its rating on Williams Companies (The) (NYSE:WMB).The analysts at the brokerage house have a current rating of Buy on the shares. In a recent information released to the investors, Jefferies lowers the new price target from $30 per share to $27 per share. The rating by the firm was issued on June 8, 2016. Currently the company Insiders own 8.87% of Williams Companies (The) shares according to the proxy statements. Institutional Investors own 84.11% of Williams Companies (The) shares.
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.