Notable News Spotlight: Flowers Foods (NYSE:FLO)

Flowers Foods (NYSE:FLO) stock reported trading -7.53% off 52-week high price. On the other end, the stock has been noted 12.38% away from low price over the last 52-weeks. The stock disclosed a move of 3.44% away from 50 day moving average and 0.68% away from 200 day moving average. Moving closer, we can see that shares have been trading 2.59% off 20-day moving average. It has market cap of $4.67B and dividend yield of 3.37%.

On Feb. 14, 2020, Flowers Foods (NYSE:FLO) revealed that its board of directors has declared a quarterly dividend of $0.19 per share, an increase of 5.6% over the same quarter last year. This is the 70th consecutive quarterly dividend paid by the company and is payable on March 13, 2020 to shareholders of record on February 28, 2020.

About Flowers Foods

Headquartered in Thomasville, Ga., Flowers Foods (NYSE: FLO) is one of the largest producers of fresh packaged bakery foods in the United States with 2019 sales of $4.1 billion. Flowers operates bakeries across the country that produce a wide range of bakery products. Among the company’s top brands are Nature’s Own, Dave’s Killer Bread, Wonder, and Tastykake.

The USA based company Flowers Foods moved with change of 0.58% to $22.52 with the total traded volume of 871998 shares in recent session versus to an average volume of 1.11M shares. The stock was observed in the 5 days activity at 0.99%. The one month performance of stock was 2.32%. FLO’s shares are at 6.13% for the quarter and driving a 8.58% return over the course of the past year and is now at 3.59% since this point in 2018.  Right now the stock beta is 0.33. The average volatility for the week and month was at 1.20% and 1.64% respectively. There are 207.34M shares outstanding and 203.05M shares are floated in market.

John Gonzalez covers business and finance news. He is the only person we trust to provide breaking news in the finance category. Having already completed an Associates Degree in Psychology, John Gonzalez is now finishing his Bachelor’s degree in Communications. In preparation for working in the advertisement sector, John is writing financial content and analysis. On a daily basis, he works on articles regarding the following topics: business, top trends, technology, and politics.

Address: 7302 Benton Street, Arvada, CO 80003, USA


Zip Code: 80003

Phone Number: 303-420-7222

Leave a Reply

Your email address will not be published. Required fields are marked *