Shares of Flowers Foods Inc. (NYSE:FLO) traded today at $29.65, eclipsing its 52-week high. Approximately 1.5 million shares have changed hands today, as compared to an average 30-day volume of 1.4 million shares.
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 operating segments are divided into direct store delivery, which provides fresh breads, tortillas, cakes, and rolls; and the warehouse segment, which distributes fresh snack cakes and frozen breads and rolls. The key brands are Nature’s Own, Whitewheat, Cobblestone Bread, Wonder, and Tastykake.
In the past 52 weeks, shares of Flowers Foods Inc. have traded between a low of $21.71 and a high of $29.65 and is now at $29.62, which is 36% above that low price.
Flowers Foods Inc. (NYSE:FLO) defies analysts with a current price ($29.62) 32.9% above its average consensus price target of $19.87.
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