Lifeway Foods, Inc. (LWAY) Shares Soar Above 1-Year High

Lifeway Foods, Inc. (NASDAQ: LWAY) has experienced a rise in its stock price by 23.58 compared to its previous closing price of 21.50. However, the company has seen a gain of 19.09% in its stock price over the last five trading days. prnewswire.com reported 2024-09-24 that MORTON GROVE, Ill., Sept. 24, 2024 /PRNewswire/ — Lifeway Foods, Inc. (Nasdaq: LWAY) (“Lifeway” or “the Company”), a leading U.S. supplier of kefir and fermented probiotic products to support the microbiome, confirmed that it has received an unsolicited, non-binding proposal from Danone North America PBC (“Danone”) to acquire all outstanding shares of common stock of Lifeway it does not already own for $25.00 per share in cash.

Is It Worth Investing in Lifeway Foods, Inc. (NASDAQ: LWAY) Right Now?

The price-to-earnings ratio for Lifeway Foods, Inc. (NASDAQ: LWAY) is above average at 29.66x. The 36-month beta value for LWAY is also noteworthy at 1.02. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The public float for LWAY is 4.65M, and at present, short sellers hold a 8.50% of that float. The average trading volume of LWAY on September 25, 2024 was 161.79K shares.

LWAY’s Market Performance

The stock of Lifeway Foods, Inc. (LWAY) has seen a 19.09% increase in the past week, with a 37.95% rise in the past month, and a 110.04% gain in the past quarter. The volatility ratio for the week is 5.26%, and the volatility levels for the past 30 days are at 5.97% for LWAY. The simple moving average for the past 20 days is 28.67% for LWAY’s stock, with a 72.35% simple moving average for the past 200 days.

Analysts’ Opinion of LWAY

Noble Capital Markets, on the other hand, stated in their research note that they expect to see LWAY reach a price target of $20. The rating they have provided for LWAY stocks is “Outperform” according to the report published on May 30th, 2024.

Lake Street gave a rating of “Buy” to LWAY, setting the target price at $25 in the report published on April 05th of the current year.

LWAY Trading at 60.10% from the 50-Day Moving Average

After a stumble in the market that brought LWAY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -7.13% of loss for the given period.

Volatility was left at 5.97%, however, over the last 30 days, the volatility rate increased by 5.26%, as shares surge +42.31% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +122.53% upper at present.

During the last 5 trading sessions, LWAY rose by +19.09%, which changed the moving average for the period of 200-days by +98.43% in comparison to the 20-day moving average, which settled at $21.05. In addition, Lifeway Foods, Inc. saw 98.14% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at LWAY starting from SMOLYANSKY LUDMILA, who sale 20,000 shares at the price of $19.13 back on Aug 30 ’24. After this action, SMOLYANSKY LUDMILA now owns 1,090,133 shares of Lifeway Foods, Inc., valued at $382,600 using the latest closing price.

SMOLYANSKY LUDMILA, the Member of 10% owner group of Lifeway Foods, Inc., sale 15,000 shares at $18.19 during a trade that took place back on Aug 29 ’24, which means that SMOLYANSKY LUDMILA is holding 1,110,133 shares at $272,850 based on the most recent closing price.

Stock Fundamentals for LWAY

Current profitability levels for the company are sitting at:

  • 0.11 for the present operating margin
  • 0.27 for the gross margin

The net margin for Lifeway Foods, Inc. stands at 0.08. The total capital return value is set at 0.28. Equity return is now at value 22.62, with 17.30 for asset returns.

Based on Lifeway Foods, Inc. (LWAY), the company’s capital structure generated 0.0 points at debt to capital in total, while cash flow to debt ratio is standing at 127.12. The debt to equity ratio resting at 0.0. The interest coverage ratio of the stock is 73.39.

Currently, EBITDA for the company is 20.16 million with net debt to EBITDA at -0.63. When we switch over and look at the enterprise to sales, we see a ratio of 2.14. The receivables turnover for the company is 12.02for trailing twelve months and the total asset turnover is 2.08. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.83.

Conclusion

In summary, Lifeway Foods, Inc. (LWAY) has had a better performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

Most Popular

Related Posts