Waste Management (NYSE:WM) downgraded to Neutral from Outperform, target lowered to $36 from $38, at Wedbush. The stock closed yesterday at $34.25 on volume of 2,294,000 shares, below the average daily volume of 2,887,935.
In the past 52-weeks, shares of Waste Management have traded between a low of $27.52 and a high of $35.99 and are now at $34.25, which is 24.5% above that low price.
Waste Management is currently above its 50-day moving average (MA) of $32.69 and above its 200-day MA of $33.11. In the last five trading sessions, the 50-day MA has remained constant while the 200-day MA has risen 0.41%.
Waste Management, Inc. provides waste management services including collection, transfer, recycling, resource recovery and disposal services, and operates waste-to-energy facilities. The Company serves municipal, commercial, industrial, and residential customers throughout North America.