Following these proceedings, Exane BNP Paribas initiated its Flowers Foods, Inc [FLO] rating to an Underperform in a research note published on July 10, 2024; the price target was $20. A number of analysts have revised their coverage, including DA Davidson’s analysts, who began to cover the stock in early March with a ‘”a Neutral”‘ rating. Deutsche Bank also remained covering FLO and has increased its forecast on March 03, 2023 with a “Hold” recommendation from previously “Sell” rating. Deutsche Bank revised its rating on December 06, 2022. It rated FLO as “a Sell” which previously was an “a Hold”.
Price Performance Review of FLO
On Monday, Flowers Foods, Inc [NYSE:FLO] saw its stock fall -0.27% to $18.21. Over the last five days, the stock has lost -1.46%. Flowers Foods, Inc shares have fallen nearly -11.86% since the year began. Nevertheless, the stocks have fallen -21.95% over the past one year. While a 52-week high of $26.12 was reached on 01/03/25, a 52-week low of $17.33 was recorded on 04/09/25. SMA at 50 days reached $18.66, while 200 days put it at $21.11.
Levels Of Support And Resistance For FLO Stock
The 24-hour chart illustrates a support level at 17.98, which if violated will result in even more drops to 17.76. On the upside, there is a resistance level at 18.35. A further resistance level may holdings at 18.50. The Relative Strength Index (RSI) on the 14-day chart is 45.77, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.31, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 69.66%. Stochastics %K at 31.49% indicates the stock is a holding.
How much short interest is there in Flowers Foods, Inc?
A steep rise in short interest was recorded in Flowers Foods, Inc stocks on 2025-03-31, growing by 0.85 million shares to a total of 13.35 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 12.5 million shares. There was a rise of 6.36%, which implies that there is a positive sentiment for the stock.
