Flowers Foods (FLO) stock had a bullish inflow of $25.25 million worth of trades on uptick and an outflow of $17.94 million in downticks on Monday. The total uptick to downtick ratio stood at 1.41. The net money flow into the stock was $7.31 million. The money flow data, which is calculated as the dollar value of composite uptick minus the downtick trades indicated bullish. The block trades had a total money flow of $6.61 million. An inflow of $0.77 million block trade was recorded on downticks. $7.38 million of block trade during Uptick was observed, which shows continued buying by the smart money on every weakness. The total uptick to downtick ratio of block trades was 9.6 in favor of the bulls. However, Flowers Foods (FLO) stock traded down $0.1 , and reached $14.85, a drop of -0.67% over the previous day. On a weekly basis, the stock is -16.99%, over the previous weeks close.
Flowers Foods, Inc. has lost 13.49% in the last five trading days and dropped 18.79% in the last 4 weeks. Flowers Foods, Inc. has dropped 20.5% during the last 3-month period . Year-to-Date the stock performance stands at -27.76%.
Flowers Foods (NYSE:FLO): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $14.95 and $14.78 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $15.26. The buying momentum continued till the end and the stock did not give up its gains. It closed at $15.26, notching a gain of 2.76% for the day. The total traded volume was 6,483,238 . The stock had closed at $14.85 on the previous day.
In a related news, The Officer (Svp/Chiefmanufacturingofficer), of FLOWERS FOODS INC, Benton Robert L Jr had unloaded 12,065 shares at $18.47 per share in a transaction on June 29, 2016. The total value of transaction was $222,841. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.
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.