Krispy Kreme Doughnuts (NYSE:KKD) : During the past 4 weeks, traders have been relatively bearish on Krispy Kreme Doughnuts (NYSE:KKD), hence the stock is down -1.49% 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 -1.22% 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 0.05% in the last 1 week, and is up 0.1% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have rallied 7.97% from its 1 Year high price. On May 25, 2016, the shares registered one year high at $21.75 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $21.08 and the 200 Day Moving Average price is recorded at $17.00.
The stock has recorded a 20-day Moving Average of 0.15% and the 50-Day Moving Average is 2.72%.
Krispy Kreme Doughnuts (NYSE:KKD): stock turned positive on Friday. Though the stock opened at $20.97, the bulls momentum made the stock top out at $21 level for the day. The stock recorded a low of $20.955 and closed the trading day at $21, in the green by 0.14%. The total traded volume for the day was 747,795. The stock had closed at $20.97 in the previous days trading.
In an insider trading activity, The director, of Krispy Kreme Doughnuts Inc, Morgan James H had unloaded 10,000 shares at $19.98 per share in a transaction on June 17, 2015. The total value of transaction was $199,800. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.
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.