InvestorsObserver
×
News Home

Is it Time to Dump Flowers Foods Inc (FLO) Stock After it Has Gained 2.60% in a Week?

Thursday, March 28, 2024 02:37 PM | InvestorsObserver Analysts

Mentioned in this article

Is it Time to Dump Flowers Foods Inc (FLO) Stock After it Has Gained 2.60% in a Week?

The market has been high on Flowers Foods Inc (FLO) stock recently. FLO gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,bullish
Flowers Foods Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on FLO!

What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With FLO Stock Today?

Flowers Foods Inc (FLO) stock has fallen -0.08% while the S&P 500 is up 0.09% as of 2:22 PM on Thursday, Mar 28. FLO is down -$0.02 from the previous closing price of $23.72 on volume of 369,057 shares. Over the past year the S&P 500 has gained 32.28% while FLO is down -13.50%. FLO earned $0.58 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 41.01.

More About Flowers Foods Inc

Flowers Foods Inc is an American company producing bakery food for retail and foodservice across the United States. The product portfolio includes fresh breads, buns, rolls, snack cakes, and tortillas. The company distributes to supermarkets, convenience stores, and restaurants. The key brands are Nature's Own, Whitewheat, Cobblestone Bread, Wonder, Dave's Killer Bread, Canyon Bakehouse, Mrs. Freshley's, and Tastykake. Click Here to get the full Stock Report for Flowers Foods Inc stock.

You May Also Like

Get the InvestorsObserver App

InvestorsObserver App
iOS App Android App