Large Inflow of Money Detected in Williams Companies (The)

Williams Companies (The) (WMB) : Investors lapped up stocks on upticks to the tune of $10.82 million in the Wednesdays trading session. The trading value on downticks was comparatively at $9.25 million and the uptick to downtick ratio of 1.17 indicates continuous buying by the bulls. The net money flow into the stock was $1.57 million. The block trades were dominated by the bulls with a healthy 1.74, uptick to downtick ratio. Only $1.76 million worth of trades exchanged hands on downticks showing the reluctance of the large traders to part with their holdings. Upticks saw transactions worth $3.06 clearly indicating buying by large investors. The total money flow for block trades stood at $1.3 million, which is a positive for the stock in the long-term. Williams Companies (The) (WMB) fell $0.08 during the day at $24.91, a drop of -0.32% over the previous days close. However, for the week, the stock is 6.27%, compared to the previous week.


Also, Major Brokerage house, Goldman Sachs reinstates its ratings on Williams Companies (The) (NYSE:WMB). In the latest research report, Goldman Sachs announces the target price to $25 per share. According to the latest information available, the shares are now rated Buy by the analysts at the agency. The rating by the firm was issued on July 13, 2016.

Williams Companies (The) (NYSE:WMB): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $24.88 and $24.34 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $25.35. The buying momentum continued till the end and the stock did not give up its gains. It closed at $25.13, notching a gain of 0.56% for the day. The total traded volume was 12,277,466 . The stock had closed at $24.99 on the previous day.

The stock has recorded a 20-day Moving Average of 16.21% and the 50-Day Moving Average is 18.2%. 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.

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