Large Outflow of Money Witnessed in Krispy Kreme Doughnuts

Krispy Kreme Doughnuts (KKD) :The total money flow, which is calculated as the dollar value of composite uptick minus downtick trades was negative ($0.34 million) and the uptick to downtick ratio was 0.13. The transaction value on upticks was $0.05 million and on downticks, the transaction value was $0.39 million. The transaction value of block trades during downticks was $0.27 million. The money flow was negative ($0.27 million), indicating the traders were booking profit on the price strength. Krispy Kreme Doughnuts (KKD) rose $0.01 at $20.98, during intraday Friday , a rise of 0.02% over the previous days close.


Krispy Kreme Doughnuts (NYSE:KKD): stock turned positive on Friday. Though the stock opened at $20.99, the bulls momentum made the stock top out at $20.99 level for the day. The stock recorded a low of $20.97 and closed the trading day at $20.98, in the green by 0.05%. The total traded volume for the day was 626,729. The stock had closed at $20.97 in the previous days trading.

In a related news, The Securities and Exchange Commission has divulged that Morgan James H, director of Krispy Kreme Doughnuts Inc, had unloaded 10,000 shares at an average price of $19.98 in a transaction dated on June 17, 2015. The total value of the transaction was worth $199,800.

Krispy Kreme Doughnuts, Inc. is a retailer and wholesaler of doughnuts, complementary beverages and treats and packaged sweets. The Companys principal business is owning and franchising Krispy Kreme stores, at which a variety of doughnuts, including the Companys Original Glazed doughnut, are sold and distributed together with complementary products, and where an array of coffees and other beverages are offered. The Company has four business segments: Company Stores, Domestic Franchise, International Franchise and KK Supply Chain. The Companys shops offer 16 or more doughnut varieties. The Company offers doughnuts of several varieties, such as yeast-raised doughnuts, cake doughnuts and crullers. In addition, it offers a number of products through wholesale channels, including Danishes, honeybuns, fruit pies, mini-crullers and chocolate products, packaged as individually wrapped snacks or packaged in snack bags.

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