Williams-Sonoma Inc. (DE) (WSM) Moves Lower on Volume Spike for March 12

Equities Staff  |

Williams-Sonoma Inc. (DE) (WSM) traded on unusually high volume on Mar. 12, as the stock lost 1.53% to close at $52.05. On the day, Williams-Sonoma Inc. (DE) saw 2.93 million shares trade hands on 20,523 trades. Considering that the stock averages only a daily volume of 1.62 million shares a day over the last month, this represents a pretty significant bump in volume over the norm.

Generally speaking, when a stock experiences a sudden spike in trading volume, it may be seen as a bullish signal for investors. An increase in volume means more market awareness for the company, potentially setting up a more meaningful move in stock price. The added volume also provides a level of support and stability for price advances.

The stock has traded between $55.89 and $42.68 over the last 52-weeks, its 50-day SMA is now $52.77, and its 200-day SMA $49.09. Williams-Sonoma Inc. (DE) has a P/B ratio of 3.74. It also has a P/E ratio of 15.

Williams-Sonoma Inc is a multi-channel specialty retailer of home furnishings in the United States and Canada. Its segments include e-commerce and retail.

Headquartered in San Francisco, CA, Williams-Sonoma Inc. (DE) has 37,400 employees and is currently under the leadership of CEO Laura J. Alber.

For a complete fundamental analysis analysis of Williams-Sonoma Inc. (DE), check out Equities.com’s Stock Valuation Analysis report for WSM.

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To get more information on Williams-Sonoma Inc. (DE) and to follow the company’s latest updates, you can visit the company’s profile page here: WSM’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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