Large Inflow of Money Detected in Lancaster Colony Corporation

Lancaster Colony Corporation (LANC) : On Monday, The money flowed into the Lancaster Colony Corporation (LANC) stock with an uptick to downtick ratio was recorded at 1.68. Transactions worth $1.12 million were done on upticks, confirming the buying interest in the stock. The outflow of money on downticks stood at $0.67 million. The total money flow into the stock was $0.46 million. The investors are using every small weakness in the stock to accumulate it, as can be seen in the $0 million of block transactions on upticks. The total money flow in block trades was $0 million. In terms of price action, Lancaster Colony Corporation (LANC) traded down $0.07 during the session at $130.84. Compared to the previous days closing, the stock was down only by -0.05%. For the week, the stock is 1.58%, over previous weeks closing.


Shares of Lancaster Colony Corporation rose by 0.83% in the last five trading days and 1.72% for the last 4 weeks. Lancaster Colony Corporation is up 5.68% in the last 3-month period. Year-to-Date the stock performance stands at 13.46%.

Lancaster Colony Corporation (NASDAQ:LANC): The stock opened at $131.27 on Monday but the bulls could not build on the opening and the stock topped out at $134.74 for the day. The stock traded down to $129.28 during the day, due to lack of any buying support eventually closed down at $129.85 with a loss of -0.81% for the day. The stock had closed at $130.91 on the previous day. The total traded volume was 142,223 shares.

In a related news, The Securities and Exchange Commission has divulged in a Form 4 filing that the director of Lancaster Colony Corp, Ostryniec Robert Paul had purchased shares worth of $48,300 in a transaction dated on September 2, 2015. A total of 500 shares were purchased at a price of $96.6 per share. The information is based on open market trades at the market prices.Option exercises are not covered.

Lancaster Colony Corporation is a manufacturer and marketer of specialty food products for the retail and foodservice markets. The Company is focused on its specialty foods segment. It manufactures and sells a range of food products, including salad dressings and sauces; fruit glazes, vegetable dips and fruit dips; Greek yogurt vegetable dips and hummus; frozen garlic breads; frozen Parkerhouse style yeast dinner rolls and sweet rolls, as well as biscuits; dry egg noodles; croutons and related products; snack sticks and flatbread wraps and pizza crusts. The Company offers its products under Marzetti, Cardinis, Simply Dressed, Katherines Kitchen, Girards, Otria, New York BRAND, Mamma Bella and Mamma Bellas, Sister Schuberts, Marshalls and Mary Bs, Sister Schuberts, Marshalls, Mary Bs, Reames, Aunt Vis, Texas Toast, Chatham Village, Flatout and Romanoff names.

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