Do investors have a safe investment in Williams Cos Inc (NYSE:WMB)?

The price of Williams Cos Inc (NYSE:WMB) shares last traded on Wall Street fell -0.64% to $44.89.

WMB stock price is now 2.26% away from the 50-day moving average and 14.39% away from the 200-day moving average. The market capitalization of the company currently stands at $54.72B.

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, while ‘Wells Fargo’ rates the stock as ‘Overweight’

In other news, Wilson Terrance Lane, Officer bought 2,000 shares of the company’s stock on Sep 13 ’24. The stock was bought for $89,580 at an average price of $44.79. An SEC document containing details of the transaction can be found on the SEC’s website. On May 09 ’24, SVP & Chief HR Officer PICKLE DEBBIE L. sold 38,200 shares of the business’s stock. A total of $1,513,102 was realized by selling the stock at an average price of $39.61. This leaves the insider owning 60,410 shares of the company worth $2.71 million. A total of 0.39% of the company’s stock is owned by insiders.

During the past 12 months, Williams Cos Inc has had a low of $32.49 and a high of $45.82. As of last week, the company has a debt-to-equity ratio of 2.14, a current ratio of 0.45, and a quick ratio of 0.39. According to the stock market information, the enterprise value for the company is $83409821696, which is based on a 19.44 price-to-earnings ratio, a 7.48 price-to-earnings-growth ratio, and a beta of 1.08. The fifty day moving average price for WMB is $43.9464 and a two-hundred day moving average price translates $39.28115 for the stock.

The latest earnings results from Williams Cos Inc (NYSE: WMB) was released for 2024-06-30. The net profit margin was 27.52% and return on equity was 23.65% for WMB. The company reported revenue of $2.34 billion for the quarter, compared to $2.48 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -5.92 percent.

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