Shares of Williams Companies Inc. (The) (NYSE:WMB) traded today at $29.89, eclipsing its 52-week high. This new high was reached on below average trading volume as 1.4 million shares traded hands, while the average 30-day volume is approximately 9.5 million shares.
Williams is a midstream energy company that owns and operates the large Transco and Northwest pipeline systems and associated natural gas gathering, processing, and storage assets. In August 2018, the firm acquired the remaining 26% ownership of its limited partner, Williams Partners.
Over the past year, Williams Companies Inc. (The) has traded in a range of $18.26 to $29.89 and is now at $29.76, 63% above that low.
Williams Companies Inc. (The) (NYSE:WMB) defies analysts with a current price ($29.76) 83.1% above its average consensus price target of $5.02.
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