Press coverage about Lifeway Foods (NASDAQ:LWAY) has been trending somewhat positive recently, according to Accern. The research group ranks the sentiment of media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Lifeway Foods earned a news impact score of 0.02 on Accern’s scale. Accern also gave media stories about the company an impact score of 43.8528486906112 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
NASDAQ LWAY traded down $0.17 during mid-day trading on Friday, reaching $3.62. The stock had a trading volume of 7,684 shares, compared to its average volume of 12,870. Lifeway Foods has a 1 year low of $3.55 and a 1 year high of $10.75. The firm has a market cap of $60.20 million, a P/E ratio of -181.00 and a beta of 0.36. The company has a quick ratio of 1.57, a current ratio of 2.32 and a debt-to-equity ratio of 0.13.
Lifeway Foods (NASDAQ:LWAY) last announced its quarterly earnings data on Tuesday, May 15th. The company reported $0.00 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.07) by $0.07. The company had revenue of $28.74 million during the quarter, compared to analyst estimates of $26.50 million. Lifeway Foods had a negative net margin of 0.35% and a negative return on equity of 0.84%.
Several analysts have weighed in on the company. ValuEngine cut Lifeway Foods from a “sell” rating to a “strong sell” rating in a research report on Friday, June 22nd. Taglich Brothers reaffirmed a “speculative buy” rating and set a $14.10 price objective on shares of Lifeway Foods in a research report on Monday, June 18th. Zacks Investment Research lowered shares of Lifeway Foods from a “hold” rating to a “strong sell” rating in a report on Wednesday, April 25th. Finally, TheStreet lowered shares of Lifeway Foods from a “c-” rating to a “d” rating in a report on Friday, May 4th.
In other news, Director Ludmila Smolyansky sold 7,550 shares of the business’s stock in a transaction on Wednesday, June 13th. The shares were sold at an average price of $6.24, for a total transaction of $47,112.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO Edward Smolyansky sold 10,000 shares of the business’s stock in a transaction on Tuesday, May 22nd. The shares were sold at an average price of $5.66, for a total transaction of $56,600.00. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 50,450 shares of company stock valued at $298,234. Company insiders own 50.70% of the company’s stock.
Lifeway Foods Company Profile
Lifeway Foods, Inc produces and markets probiotic-based products in the United States and internationally. Its primary product is drinkable kefir, a cultured dairy product in various organic and non-organic sizes, flavors, and types, including low fat, non-fat, whole milk, protein, BioKefir, and kefir with oats.
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