Flowers Foods Inc. (FLO) Moves Higher on Volume Spike for December 15

Equities Staff  |

Flowers Foods Inc. (FLO) traded on unusually high volume on Dec. 15, as the stock gained 3.47% to close at $19.67. On the day, Flowers Foods Inc. saw 4.19 million shares trade hands on 25,150 trades. Considering that the stock averages only a daily volume of 2.79 million shares a day over the last month, this represents a pretty significant bump in volume over the norm.

Generally speaking, when a stock experiences a sudden spike in trading volume, it may be seen as a bullish signal for investors. An increase in volume means more market awareness for the company, potentially setting up a more meaningful move in stock price. The added volume also provides a level of support and stability for price advances.

The stock has traded between $22.75 and $14.35 over the last 52-weeks, its 50-day SMA is now $15.73, and its 200-day SMA $16.84. Flowers Foods Inc. has a P/B ratio of 3.47. It also has a P/E ratio of 22.1.

Flowers Foods Inc is a producer and marketer of packaged bakery foods. It consists of two business segments direct-store-delivery and warehouse delivery. Its brands include Nature's Own, Whitewheat, Wonder Bread,Cobblestone Bread Co., among others.

Headquartered in Thomasville, GA, Flowers Foods Inc. has 10,900 employees and is currently under the leadership of CEO Allen L. Shiver.

For a complete fundamental analysis analysis of Flowers Foods Inc., check out Equities.com’s Stock Valuation Analysis report for FLO.

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To get more information on Flowers Foods Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: FLO’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.



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