Large Inflow of Money Witnessed in Panera Bread Company

Panera Bread Company (PNRA) : Thursdays money flow points at investors jumping to buy the stock on the weakness of price. $1.51 million worth of transactions were on upticks, whereas, the downticks accounted for $1.09 million worth of transactions. The net money flow was a positive $0.42 million and the uptick to downtick ratio was 1.38. The net money flow into the stock was $0 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $0 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. Panera Bread Company (PNRA) was trading at $209.38, down $0.84 during day. The stock slid -0.4% over the previous days close. For the week, the stock recorded 0.74% over the previous weeks close.


Panera Bread Company (PNRA) : Currently there are 14 street experts covering Panera Bread Company (PNRA) stock. The most bullish and bearish price target for the stock is $250 and $185 respectively for the short term. The average price target of all the analysts comes to $235. The estimated standard deviation from the target is $19.69. The stock has recorded a 20-day Moving Average of 2.4% and the 50-Day Moving Average is 2.78%.

Panera Bread Company (NASDAQ:PNRA): The stock opened at $210.43 on Thursday but the bulls could not build on the opening and the stock topped out at $211.15 for the day. The stock traded down to $206.80 during the day, due to lack of any buying support eventually closed down at $207.42 with a loss of -1.33% for the day. The stock had closed at $210.22 on the previous day. The total traded volume was 342,258 shares.

Panera Bread Company (Panera) is a food service provider. Panera is a national bakery-cafe concept with 1,880 Company-owned and franchise-operated bakery-cafe locations in 45 states, the District of Columbia, and Ontario, Canada. The Company operates through three segments: Company Bakery-Cafe Operations, Franchise Operations, and Fresh Dough and Other Product Operations. As of December 30, 2014, its Company bakery-cafe operations segment consisted of 925 Company-owned bakery-cafes and its franchise operations segment consisted of 955 franchise-operated bakery-cafes, located throughout the United States and in Ontario, Canada. As of December 30, 2014, its fresh dough and other product operations segment, which supplies fresh dough and other products daily to the Company-owned and franchise-operated bakery-cafes, consisted of 24 fresh dough facilities (22 Company-owned and two franchise-operated), located throughout the United States and one in Ontario, Canada.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.