Alert: Major Price Decline (5/16/24)-Lifeway Foods Inc (NASDAQ: LWAY).

out_logo_500#11420.jpg

Lifeway Foods Inc (NASDAQ: LWAY) stock closed at $19.21 on 5/16/24 after a major decline of -16.7%. Moreover, this decline was accompanied by exceptionally high trading volume at 220% of normal. The stock has declined -25.0% during the last week but has been exceptionally strong relative to the market over the last nine months.

out_mm#11420.jpg

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 (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 20 but a very high Power Rating of 97, triggering the High Neutral Value Trend Rating.

Rating Review

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

Be the first to comment

Leave a Reply

Your email address will not be published.


*