Alert: Major Price Advance (8/13/24)-Lifeway Foods Inc (NASDAQ: LWAY).

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Lifeway Foods Inc (NASDAQ: LWAY) stock enjoyed a major increase of 48.6% on 8/13/24. The shares closed at $16.66. Moreover, this advance was accompanied by exceptionally high trading volume at 758% of normal. The stock has risen 53.4% during the last week and has performed in line with the market over the last nine months.

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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 C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Lifeway Foods has a neutral Appreciation Score of 42 and a slightly positive Power Rating of 64, leading to the Neutral Value Trend Rating.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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