Williams Companies (The) (WMB) : Fridays money flow data in Williams Companies (The) (WMB) suggests that the bulls made the most of the weakness in the stock. The inflow of money into the stock on upticks was $32.14 million, whereas, $25.79 million worth of transactions were done on downticks. The ratio between the two, uptick and downtick stood at 1.25, in favor of the bulls. The total money flow into the stock was $6.36 million clearly indicating that the smart money has been buying into the stock on weakness.
In comparison, the money flow in block deals was $5.43 million. The total value of block trades done on upticks was $7.43 million. The value of bearish trades on downticks was only $2.01 million.The up/down ratio in the block trades was a healthy 3.71 in favor of the bulls, suggesting strong buying in the stock by large traders. Williams Companies (The) (WMB) fell $0.15 and traded at $24.52, down -0.61% for the day, over previous days close. On a weekly basis, the shares are 4.61% over the previous weeks close.
Williams Companies (The) (WMB) stock is expected to deviate a maximum of $2.16 from the average target price of $24.33 for the short term period. 6 Street Experts have initiated coverage on the stock with the most promising target being $27 and the most muted being $21.
Williams Companies (The) (NYSE:WMB): On Fridays trading session , Opening price of the stock was $24.66 with an intraday high of $24.88. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $24.24. However, the stock managed to close at $24.52, a loss of 0.61% for the day. On the previous day, the stock had closed at $24.67. The total traded volume of the day was 6,445,431 shares.
In a related news, Timmermans Ted T, officer (Vice President and Controller) of Williams Companies Inc, unloaded 1,000 shares at an average price of $36.58 on November 30, 2015. The total amount of the transaction was worth $36,580, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
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.