Lifeway Foods, Inc. (NASDAQ: LWAY) on Monday, plunged -19.54% from the previous trading day, before settling in for the closing price of $24.87. Within the past 52 weeks, LWAY’s price has moved between $5.61 and $24.95.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Consumer Defensive Sector giant saw their annual sales surged by 9.65% over the last five years. The company achieved an average annual earnings per share of 42.00%. With a float of $4.52 million, this company’s outstanding shares have now reached $14.69 million.
The firm has a total of 289 workers. Let’s measure their productivity.
Lifeway Foods, Inc. (LWAY) Insider Activity
Observing investor behavior towards Packaged Foods industry stocks is more important than anything else. The insider ownership of Lifeway Foods, Inc. is 69.47%, while institutional ownership is 15.91%. The most recent insider transaction that took place on Apr 26 ’24, was worth 460,300. In this transaction Member of 10% owner group of this company sold 20,000 shares at a rate of $23.02, taking the stock ownership to the 1,234,753 shares. Before that another transaction happened on Apr 25 ’24, when Company’s Member of 10% owner group sold 3,620 for $21.56, making the entire transaction worth $78,047. This insider now owns 1,254,753 shares in total.
Lifeway Foods, Inc. (LWAY) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 42.00% per share during the next fiscal year.
Lifeway Foods, Inc. (NASDAQ: LWAY) Trading Performance Indicators
Lifeway Foods, Inc. (LWAY) is currently performing well based on its current performance indicators. A quick ratio of 1.75 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.84. Likewise, its price to free cash flow for the trailing twelve months is 23.35.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.75, a number that is poised to hit 0.24 in the next quarter and is forecasted to reach 1.22 in one year’s time.
Technical Analysis of Lifeway Foods, Inc. (LWAY)
Analysing the last 5-days average volume posted by the [Lifeway Foods, Inc., LWAY], we can find that recorded value of 0.28 million was better than the volume posted last year of 98685.0. As of the previous 9 days, the stock’s Stochastic %D was 64.43%. Additionally, its Average True Range was 1.81.
During the past 100 days, Lifeway Foods, Inc.’s (LWAY) raw stochastic average was set at 66.84%, which indicates a significant increase from 23.08% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 116.60% in the past 14 days, which was higher than the 86.50% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $15.90, while its 200-day Moving Average is $12.50. Now, the first resistance to watch is $23.39. This is followed by the second major resistance level at $26.78. The third major resistance level sits at $28.54. If the price goes on to break the first support level at $18.24, it is likely to go to the next support level at $16.48. Should the price break the second support level, the third support level stands at $13.09.
Lifeway Foods, Inc. (NASDAQ: LWAY) Key Stats
Market capitalization of the company is 293.95 million based on 14,691K outstanding shares. Right now, sales total 160,120 K and income totals 11,370 K. The company made 42,090 K in profit during its latest quarter, and 3,970 K in sales during its previous quarter.
