The stock of Williams Cos Inc (NYSE:WMB) last traded at $58.60, up 1.28% from the previous session.
WMB stock price is now 16.09% away from the 50-day moving average and 36.89% away from the 200-day moving average. The market capitalization of the company currently stands at $71.43B.
Top 5 Artificial Intelligence Stocks to Buy for 2024
By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it.
According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."
Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"
Sponsored
On October 04, 2024, Morgan Stanley Upgraded its previous ‘Equal-Weight’ rating to ‘Overweight’ on the stock increasing its target price from $52 to quote $58, while ‘Seaport Research Partners’ rates the stock as ‘Neutral’
In other news, SPENCE WILLIAM H, Director bought 15,500 shares of the company’s stock on Nov 19 ’24. The stock was bought for $906,595 at an average price of $58.49. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 08 ’24, Senior Vice President Larsen Larry C sold 6,684 shares of the business’s stock. A total of $377,512 was realized by selling the stock at an average price of $56.48. This leaves the insider owning 74,393 shares of the company worth $4.36 million. A total of 0.44% 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 $58.10. As of last week, the company has a debt-to-equity ratio of 2.18, a current ratio of 0.57, and a quick ratio of 0.51. According to the stock market information, the enterprise value for the company is $99351019520, which is based on a 24.93 price-to-earnings ratio, a 4.85 price-to-earnings-growth ratio, and a beta of 1.07. The fifty day moving average price for WMB is $50.2022 and a two-hundred day moving average price translates $42.6875 for the stock.
The latest earnings results from Williams Cos Inc (NYSE: WMB) was released for 2024-09-30. The net profit margin was 27.73% and return on equity was 23.78% for WMB. The company reported revenue of $2.65 billion for the quarter, compared to $2.56 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 3.67 percent.
