Recent extremely meaningful positive changes in investment behavior have benefitted Lifeway Foods Inc (NASDAQ: LWAY): positive upside/downside volume developed, its longer term price trend turned up, and the stock rose on very heavy volume.
Marginal positive changes in fundamentals have recently occurred for 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 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). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Lifeway Foods has a neutral Appreciation Score of 42 and a slightly positive Power Rating of 64, resulting in the Neutral Value Trend Rating.
Recent Price Action
Lifeway Foods Inc (NASDAQ: LWAY) stock closed at $17.80 on 8/14/24 after a very large increase of 6.8%. Moreover, this advance was accompanied by exceptionally high trading volume at 264% of normal. The stock has performed in line with the market over the last nine months and has risen 64.8% during the last week.
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