Focus Stocks
Buyers Stepping In - Flowers Foods
Published on Thursday, 31 May 2012 11:38 Written by TradersHuddle Wire
New York, May 31st (TradersHuddle.com) - Unusual high volume detected on shares of Flowers Foods, Inc. (NYSE:FLO) early in the trading session. The pace in volume of Flowers Foods is already above average, with buyers stepping in, as the stock is 5.86% higher.
Flowers Foods, Inc. (NYSE:FLO) produces and markets packaged bakery foods for retail and foodservice customers. The Company offers fresh packaged and frozen bakery products as well as pastries, doughnuts and bakery snack products. Flowers markets its products using several national, regional and local brand names, such as Nature's Own, Whitewheat, ButterKrust, and Sunbeam.
Flowers Foods has already traded 2.006 times its 3-month average volume and has calculated support and resistance at $19.40 and $21.66 respectively. Traders like to use volume as their lie detector for price action movement through predefined trading ranges.
The overall market index S&P 500 is trading lower by -0.91% from its previous trading close, which means that Flowers Foods stock is outperforming the overall market.
Related Articles
- Tastykake Saves Consumers Some "Dough" With Free Donuts On National Donut Day
- Flowers Foods Announces Three-for-Two Stock Split And Increases Annual Dividend Rate At Shareholders Meeting
- Flowers Foods Announces Annual Shareholders Meeting Webcast
- Flowers Foods Reports First Quarter 2013 Results
- Flowers Foods Announces New $300 Million Term Loan and Amendments To Its $500 Million Revolving Credit Facility and Existing Term Loan
Related Partner Headlines
- Unlike Twinkies, Hostess Proves Very Perishable (FLO, MDLZ, CPB, K) - Investopedia
- Staples and Other Big Movers In Consumer/Non-Cyclical on November 15, 2012 - Investopedia
- Flowers Foods Will Acquire Sara Lee and Earthgrains Assets in California and Oklahoma City - Benzinga
- Flowers Foods Names Craig Parr Senior Vice President Finance And Chief Risk Officer - Benzinga
- Flowers Stock Hits New 52-Week High (FLO) - TheStreet.com
- Flowers Foods Increases Dividend by 6.7% to $0.16 - Benzinga
- Flowers Rises On Unusually High Volume (FLO) - TheStreet.com
- Flowers Foods Announces Agreement To Acquire Lepage Bakeries for $370M - Benzinga
- UPDATE: Flowers Foods Posts 7.8% Decline In Q1 Earnings, Lowers Full-Year Forecast - Benzinga
- Flowers Stock To Go Ex-dividend Tomorrow (FLO) - TheStreet.com
TradersHuddle Search
|
Stock Search: |
|
Site Search: Loading
|
Recent Trading Ideas
Latest Partner Headlines
