The stock of Williams Cos Inc (NYSE:WMB) last traded at $50.90, down -0.24% from the previous session.
WMB stock price is now 11.31% away from the 50-day moving average and 25.92% away from the 200-day moving average. The market capitalization of the company currently stands at $62.04B.
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With the price target enhanced from $52 to $58, Morgan Stanley Upgraded its rating from Equal-Weight to Overweight for Williams Cos Inc (NYSE: WMB). , while ‘Argus’ rates the stock as ‘Buy’
In other news, Wilson Terrance Lane, SVP & General Counsel sold 2,000 shares of the company’s stock on Oct 01 ’24. The stock was sold for $90,580 at an average price of $45.29. Upon completion of the transaction, the SVP & General Counsel now directly owns 304,200 shares in the company, valued at $15.48 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Oct 01 ’24, Officer Wilson Terrance Lane bought 2,000 shares of the business’s stock. A total of $90,580 was incurred on buying the stock at an average price of $45.29. 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 $32.65 and a high of $51.19. 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 $90735599616, which is based on a 22.04 price-to-earnings ratio, a 7.35 price-to-earnings-growth ratio, and a beta of 1.09. The fifty day moving average price for WMB is $45.7274 and a two-hundred day moving average price translates $40.42205 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.
