Waste Management (WM) : During the past 4 weeks, traders have been relatively bearish on Waste Management (WM), hence the stock is down -4.79% 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 -0.65% relative to the S&P 500. The 4-week change in the price of the stock is -2.43% and the stock has fallen -0.23% in the past 1 week.
Waste Management (NYSE:WM): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $66.05 and $65.85 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $66.29. The buying momentum continued till the end and the stock did not give up its gains. It closed at $65.97, notching a gain of 0.29% for the day. The total traded volume was 1,952,104 . The stock had closed at $65.78 on the previous day.
The stock has recorded a 20-day Moving Average of 1.56% and the 50-Day Moving Average is 1.97%. Waste Management, Inc. is up 9.44% in the last 3-month period. Year-to-Date the stock performance stands at 25.35%.
Waste Management (WM) : Currently there are 7 street experts covering Waste Management (WM) stock. The most bullish and bearish price target for the stock is $75 and $60 respectively for the short term. The average price target of all the analysts comes to $69.14. The estimated standard deviation from the target is $5.15.
Waste Management, Inc. is a holding company. The Company, through its subsidiaries, provides waste management environmental services. The Companys Solid Waste business is operated and managed locally by its subsidiaries that focus on geographic areas and provides collection, transfer, recycling and resource recovery, and disposal services. The Company develops, operates and owns landfill gas-to-energy facilities in the United States. The Companys segments include Tier 1, which comprises areas in the Southern United States; Tier 2, which comprises areas located in the Midwest and Northeast United States, and Tier 3, which encompasses the remaining areas, including the Northwest and Mid-Atlantic regions of the United States and Eastern Canada. The Company owns or operates 252 landfill sites. It manages 298 transfer stations that consolidate, compact and transport waste.