Lifeway Foods Inc (NASDAQ: LWAY) has benefited from exceptional positive changes in investment behavior: positive upside/downside volume developed, the stock’s recent price rise disrupted its longer term downtrend, and the stock rose on very heavy volume.
Recent marginal positive changes in fundamentals have benefitted Lifeway Foods Inc (NASDAQ: LWAY): significant quarterly earnings acceleration occurred.
In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
LWAY’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to be a major Value Builder.
Lifeway Foods has a current Value Trend Rating of C (High Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Lifeway Foods has a poor Appreciation Score of 22 but a very high Power Rating of 97, leading to the High Neutral Value Trend Rating.
Recent Price Action
Lifeway Foods Inc (NASDAQ: LWAY) stock enjoyed a very large increase of 6.2% on 4/9/24. The shares closed at $21.39. Moreover, this advance was accompanied by exceptionally high trading volume at 613% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 13.2% during the last week.
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