Heads Equals Royalties, Tails Equals Cash: The Williams Companies, Inc. (WMB), Chimera Investment Corporation (CIM)

The Williams Companies, Inc. (NYSE:WMB) has its shares plummet by -19.42% or $5.74 from its all-time high of $29.55, with WMB attaining that price back on April 03, 2019. The drop in the price of the shares saw it stand at $23.81 per share. WMB has been trading at a low of $21.9 over the past one year but it surged by 8.72% or $1.91 to reach the $23.81 mark. Following the massive rise in stock price, WMB received more attention from investors and analysts. On Wednesday, the stock dipped by -0.13%, which caused investors and analysts to worry about it. Following the plunge in price, the WMB beta stands at 1.57, implying that its volatility level has gone up by -0.57 ahead of the general market. A look at the stock’s 200-day moving average shows that it is -5.58% below while its 50-day moving average shows that it is currently 3.75% above. Compared to 1.65% average daily volatility of past month, the stock’s average volatility for this week has decreased by -0.13 as the volatility level currently stands at 1.52%.

Over the past seven days, the stock has witnessed a price surge by 1.19%. This massive rise in stock price has caught the attention of both investors and market traders. The stock has performed poorly over the past 52 weeks, dropping by -6.44% during that time frame and is now up by 0.38% since this point this year. WMB has surged by 4.84% over the past 30 days, with its equity price gaining% of its value over the past ninety days. These figures add up to see the stock record a shortfall of -14.11% over the past six months.

Market analysts from research firms still remain bullish about the short-term performance of WMB. Most of them are of the view that the stock would be able to reach $27.46 over the next 12 months. If that happens, then the stock would witness a 15.33% rise in its price and that would see the stock’s market cap hit an astonishing $34 Billion. Analysts view this stock as a bearish at the moment as its average rating is 2.1. According to Reuters, most of the 18 analysts covering the stock at the moment believe it is a Buy. 6 of them rated WMB as a Hold while 12 of them either rated it as a Buy or a Strong Buy. However, 0 of them advised investors to sell the stock if they have it or shouldn’t buy it if they don’t possess any.

The stock’s technical analysis reveals that its 14-day Relative Strength Index (RSI) is currently in a neutral position as it was able to attain 58.96 points. The trading volume now standing at 8199323 shares. The decrease of -2400677 shares in trading volume shows that traders and investors have shown less interest in the stock over the past few weeks. During that trading session, the average trading volume of WMB was 10600000 shares, which is more than 0.77 times higher than its usual trading volume.

The stock is currently overbought as its Stochastic Oscillator (%D) is at 87.79%, which implies that a dip in price could be experienced soon. Its shares P/S ratio is above the 0.83 industry average and above the 0.7 by the wider market, as CIM’s P/S ratio currently stands at 2.86. The stock’s estimated price-earnings (P/E) multiple is 9.82 which is also below the 12-month price-earnings (P/E) which stands at 35.77. Chimera Investment Corporation has experienced a rise in its earnings, recording an increase rate of 2.1% in each quarter over the past five years.

The stock has an average rating of 2.7 which means that it has been rated as a Hold by most analysts. The stock is being covered by 3 analysts who gave a consensus recommendation of 2.7 which implies that it is currently in a neutral situation. Reuters looked into analysts covering Chimera Investment Corporation, and 1 of them believe that the stock is a Hold at the moment. 2 of the analysts rated it as a Buy or a Strong Buy while the remaining analysts (0) rated it as a sell at the moment.