Media headlines about Lifeway Foods (NASDAQ:LWAY) have trended somewhat negative this week, according to Accern Sentiment. The research firm identifies positive and negative press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Lifeway Foods earned a coverage optimism score of -0.05 on Accern’s scale. Accern also assigned news stories about the company an impact score of 42.258566899856 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Shares of Lifeway Foods (LWAY) traded down $0.10 during midday trading on Friday, reaching $7.99. The company had a trading volume of 41,936 shares, compared to its average volume of 26,198. The stock has a market capitalization of $128.03, a price-to-earnings ratio of 66.58 and a beta of 0.67. Lifeway Foods has a 52-week low of $7.20 and a 52-week high of $12.09. The company has a current ratio of 2.06, a quick ratio of 1.46 and a debt-to-equity ratio of 0.07.
Several equities analysts have recently issued reports on LWAY shares. ValuEngine downgraded shares of Lifeway Foods from a “hold” rating to a “sell” rating in a report on Sunday, December 31st. Zacks Investment Research upgraded shares of Lifeway Foods from a “sell” rating to a “hold” rating in a report on Wednesday, January 3rd.
In related news, Director Ludmila Smolyansky sold 15,209 shares of the company’s stock in a transaction that occurred on Thursday, December 14th. The stock was sold at an average price of $8.27, for a total value of $125,778.43. The sale was disclosed in a document filed with the SEC, which is available at this link. In the last quarter, insiders sold 19,530 shares of company stock worth $161,435. 50.00% of the stock is owned by insiders.
About Lifeway Foods
Lifeway Foods, Inc (Lifeway) is engaged in the manufacturing of probiotic, cultured, functional dairy health food products. The Company is engaged in the sale of fermented dairy products, which are produced and are sold to consumers through a network of distributors and retailers in the United States.
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