Large Inflow of Money Witnessed in B&G Foods

B&G Foods (NYSE:BGS) : Wednesdays money flow points at investors jumping to buy the stock on the weakness of price. $6.06 million worth of transactions were on upticks, whereas, the downticks accounted for $5.26 million worth of transactions. The net money flow was a positive $0.81 million and the uptick to downtick ratio was 1.15. The net money flow into the stock was $0.01 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $0.01 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. B&G Foods (NYSE:BGS) was trading at $46.32, down $0.06 during day. The stock slid -0.13% over the previous days close. For the week, the stock recorded -0.73% over the previous weeks close.


In an insider trading activity,The officer (EVP & General Counsel) of B&G Foods, Inc., Lerner Scott E sold 13,000 shares at $42.79 on May 19, 2016. The Insider selling transaction had a total value worth of $556,270. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. Currently the company Insiders own 2.2% of B&G Foods shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -20.48% . Institutional Investors own 82.32% of B&G Foods shares. During last six month period, the net percent change held by insiders has seen a change of -20.48%.

The company shares have rallied 58.56% from its 1 Year high price. On Jun 28, 2016, the shares registered one year high at $47.78 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $44.41 and the 200 Day Moving Average price is recorded at $37.70. B&G Foods (NYSE:BGS): The stock opened at $46.69 on Wednesday but the bulls could not build on the opening and the stock topped out at $46.77 for the day. The stock traded down to $46.00 during the day, due to lack of any buying support eventually closed down at $46.31 with a loss of -0.15% for the day. The stock had closed at $46.38 on the previous day. The total traded volume was 666,599 shares.

B&G Foods, Inc. (B&G Foods) is a holding company that manufactures, sells and distributes a range of shelf-stable food and household products across the United States, Canada and Puerto Rico. Its products include hot cereals, fruit spreads, canned meats and beans, bagel chips, spices, seasonings, hot sauces, wine vinegar, maple syrup, molasses, salad dressings, Mexican-style sauces, dry soups, taco shells and kits, salsas, pickles, peppers, tomato-based products, puffed corn and rice snacks, nut clusters and other specialty products. The Companys products are marketed under a range of brands, including Accent, B&G, B&M, Bakers Joy, Bear Creek Country Kitchens, Brer Rabbit, Canoleo, Carys, Cream of Rice, Cream of Wheat, Devonsheer, Don Pepino, Emerils, Grandmas Molasses, JJ Flats, Joan of Arc, Las Palmas, MacDonalds, Maple Grove Farms of Vermont and Molly McButter, among others.

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