Lifeway Foods Inc (NASDAQ: LWAY) stock suffered a major decline of -12.6% on 6/3/24. The shares closed at $13.43. Moreover, exceptionally high trading volume at 241% of normal accompanied the decline. The stock has been exceptionally strong relative to the market over the last nine months but has declined -11.4% during the last week.
Current PriceTarget Research Rating
LWAY is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Lifeway Foods has a current Value Trend Rating of B (Positive). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Lifeway Foods has a poor Appreciation Score of 29 but a very high Power Rating of 96, with the Positive Value Trend Rating the result.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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