Lifeway Foods, Inc. (NASDAQ:LWAY) has a beta value of 1.00 and has seen 1.26 million shares traded in the last trading session. The company, currently valued at $245.07M, closed the last trade at $16.66 per share which meant it gained $5.45 on the day or 48.62% during that session. The LWAY stock price is -71.73% off its 52-week high price of $28.61 and 59.0% above the 52-week low of $6.83. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.22 million shares traded. The 3-month trading volume is 177.95K shares.
The consensus among analysts is that Lifeway Foods, Inc. (LWAY) is Buy stock at the moment, with a recommendation rating of 1.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 2 have rated it as a Hold, with 2 advising it as a Buy. 0 have rated the stock as Underweight.
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Lifeway Foods, Inc. (NASDAQ:LWAY) trade information
Sporting 48.62% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the LWAY stock price touched $16.66 or saw a rise of 1.77%. Year-to-date, Lifeway Foods, Inc. shares have moved 24.24%, while the 5-day performance has seen it change 54.26%. Over the past 30 days, the shares of Lifeway Foods, Inc. (NASDAQ:LWAY) have changed 39.53%. Short interest in the company has seen 0.39 million shares shorted with days to cover at 3.26.
Lifeway Foods, Inc. (LWAY) estimates and forecasts
Figures show that Lifeway Foods, Inc. shares have underperformed across the wider relevant industry. The company’s shares have gained 48.62% over the past 6 months, with this year growth rate of 6.67%, compared to 17.60% for the industry.
Earnings growth for 2024 is a modest 18.00% while over the next 5 years, the company’s earnings are expected to increase by 10.00%.
Lifeway Foods, Inc. (NASDAQ:LWAY)’s Major holders
Insiders own 68.85% of the company shares, while shares held by institutions stand at 18.57% with a share float percentage of 59.64%. Investors are also buoyed by the number of investors in a company, with Lifeway Foods, Inc. having a total of 83.0 institutions that hold shares in the company. The top two institutional holders are RENAISSANCE TECHNOLOGIES LLC with over 0.42 million shares worth more than $7.31 million. As of 2024-03-31, RENAISSANCE TECHNOLOGIES LLC held 2.8908% of shares outstanding.
The other major institutional holder is DIMENSIONAL FUND ADVISORS LP, with the holding of over 0.32 million shares as of 2024-03-31. The firm’s total holdings are worth over $5.48 million and represent 2.1662% of shares outstanding.
