Williams Partners LP stock performance trend indicates that the stock price has rallied 4.42% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 5.35% . Looking at the past 52 week period, the stock price is up at 91.5% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Williams Partners LP has a positive value of 35.76 compared to overall market.Williams Partners L.P. is having a Relative Strength Index of 43.02 which indicates the stock is not yet over sold or over bought based on the technical indicators.
Williams Partners LP (NYSE:WPZ) has tumbled 2.32% during the past week and has dropped 2.12% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 2.55%. Williams Partners LP (NYSE:WPZ) has underperformed the index by 3.24% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
For the current week, the company shares have a recommendation consensus of Buy. Williams Partners LP (NYSE:WPZ) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.65 points or 1.63% at $39.18 with 1,513,784 shares getting traded. Post opening the session at $39.85, the shares hit an intraday low of $39.14 and an intraday high of $40.0536 and the price was in this range throughout the day. The company has a market cap of $37,758 million and the number of outstanding shares has been calculated to be 963,706,490 shares. The 52-week high of Williams Partners LP (NYSE:WPZ) is $42.32 and the 52-week low is $17.08.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Williams Partners LP was Initiated by Deutsche Bank on Feb 10, 2017 to Buy, Price Target of the shares are set at $47.Williams Partners LP was Initiated by Credit Suisse to Neutral on Jan 26, 2017. Williams Partners LP was Upgraded by Raymond James to Strong Buy on Jan 11, 2017. Company shares were Upgraded by Stifel on Jan 10, 2017 to Buy, Raises Price Target to $ 43 from a previous price target of $37 .
Company has reported several Insider transactions to the SEC, on Sep 13, 2016, John D Seldenrust (Senior Vice President – E&C) sold 9,023 shares at 37.67 per share price.On Dec 9, 2015, Alan S Armstrong (CEO) purchased 15,000 shares at 21.05 per share price.
Williams Partners L.P. is a master limited partnership. The company is engaged in gathering, processing, transportation and storage of natural gas and natural gas liquids. It operates primarily in U.S. and Canada. Williams Partners L.P., formerly known as Access Midstream Partners, L.P., is headquartered in Oklahoma City.