Flowers Foods (NYSE:FLO) : During the past 4 weeks, traders have been relatively bearish on Flowers Foods (NYSE:FLO), hence the stock is down -0.26% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.58% relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.7% in the last 1 week, and is up 1.35% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have dropped -11.78% from its 1 Year high price. On Oct 30, 2015, the shares registered one year high at $27.31 and the one year low was seen on Feb 12, 2016. The 50-Day Moving Average price is $18.41 and the 200 Day Moving Average price is recorded at $18.94.
The stock has recorded a 20-day Moving Average of 2.54% and the 50-Day Moving Average is 0.74%.
Flowers Foods (NYSE:FLO): stock turned positive on Friday. Though the stock opened at $18.6, the bulls momentum made the stock top out at $18.8 level for the day. The stock recorded a low of $18.52 and closed the trading day at $18.73, in the green by 0.97%. The total traded volume for the day was 1,398,983. The stock had closed at $18.55 in the previous days trading.
In an insider trading activity, The Securities and Exchange Commission has divulged that Benton Robert L Jr, Officer (Svp/Chiefmanufacturingofficer) of FLOWERS FOODS INC, had unloaded 12,065 shares at an average price of $18.47 in a transaction dated on June 29, 2016. The total value of the transaction was worth $222,841.
Flowers Foods, Inc. (Flowers) is a producer and marketer of a line of bakery products on a national and super-regional basis. The Company operates in two segments: a direct-store-delivery segment (DSD Segment) and a warehouse delivery segment (Warehouse Segment). The DSD Segment operates 38 bakeries that market a variety of fresh bakery foods, including breads, buns, rolls, tortillas and snack cakes. The Warehouse Segment produces frozen bread and rolls, and snack products. It operates eight bakeries that produce snack cakes, breads and rolls for national retail, foodservice, vending, and co-pack customers, which are delivered through customers warehouse channels and one bakery mix plant. The company operates 46 bakeries, of which 44 are owned and two are leased, and one mix plant.