user warning: Table './fnndrupaldev/term_node' is marked as crashed and last (automatic?) repair failed query: SELECT t.* FROM term_node r INNER JOIN term_data t ON r.tid = t.tid INNER JOIN vocabulary v ON t.vid = v.vid WHERE r.vid = 449905 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.

Buyers Accumulating Shares of Flowers Foods on 1.9x Above-Average Volume (FLO)

Published on Wed, 02/27/2013 - 14:11
By Mallory Stone

Flowers Foods's stock is up 4.8% to $29.18 on heavy trading volume. Approximately 1.7 million shares have changed hands today vs. average 30-day volume of 887,000 shares. Unusually high volume can signify a potential turning point or validate a breakout.

Flowers Foods share prices have moved between a 52-week high of $29.26 and a 52-week low of $18.46 and are now trading 58% above that low price at $29.18 per share. The 200-day and 50-day moving averages have moved 0.53% higher and 0.94% higher over the past week, respectively.

There is potential upside of 3.8% for shares of Flowers Foods based on a current price of $29.18 and an average consensus analyst price target of $30.29. Flowers Foods shares have support at the 50-day moving average (MA) of $26.15 and additional support at the 200-day MA of $22.38.

Flowers Foods, Inc. 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.

By Mallory Stone
mstone@fnno.com

Latest News from FNNO

Shares of United Therapeutics Have Risen...

United Therapeutics (NASDAQ:UTHR) traded at a new 52-week high today of $119.06. So fa ...

Shares of United Rentals Rise to a New 5...

United Rentals (NYSE:URI) traded today at a new 52-week high of $119.50. So far today ...

Union Pacific Looks to Continue to Trade...

Shares of Union Pacific (NYSE:UNP) traded today at $106.55, breaking its 52-week high. ...

Unum Group Looks to Continue to Trade Ab...

Shares of Unum Group (NYSE:UNM) traded today at $36.75, breaking its 52-week high. Thi ...

Watch for Continued Gains in Shares of U...

Shares of United Bankshares (NASDAQ:UBSI) traded at a new 52-week high today of $33.55. ...

Watch for Continued Gains in Shares of T...

Tata Motors (NYSE:TTM) traded at a new 52-week high today of $48.64. This new high was ...

Shares of Tesla Motors Inc Rise Above Pr...

Tesla Motors Inc (NASDAQ:TSLA) traded today at a new 52-week high of $284.89. This new ...

Trinity Industries: The Winning Streak C...

Trinity Industries (NYSE:TRN) traded at a new 52-week high today of $49.65. This new h ...