Favorable Media Coverage Somewhat Unlikely to Impact Lifeway Foods (LWAY) Stock Price

Headlines about Lifeway Foods (NASDAQ:LWAY) have trended positive recently, according to Accern. Accern identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Lifeway Foods earned a news sentiment score of 0.28 on Accern’s scale. Accern also assigned headlines about the company an impact score of 48.5465084657023 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

Shares of Lifeway Foods traded up $0.06, reaching $5.48, during trading hours on Wednesday, according to Marketbeat.com. The stock had a trading volume of 6,200 shares, compared to its average volume of 19,808. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.57 and a current ratio of 2.32. The firm has a market capitalization of $92.25 million, a price-to-earnings ratio of -274.00 and a beta of 0.62. Lifeway Foods has a 52-week low of $4.76 and a 52-week high of $10.75.

Lifeway Foods (NASDAQ:LWAY) last announced its quarterly earnings results on Tuesday, May 15th. The company reported $0.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.07) by $0.07. The firm had revenue of $28.74 million during the quarter, compared to analyst estimates of $26.50 million. Lifeway Foods had a negative return on equity of 0.84% and a negative net margin of 0.35%. analysts forecast that Lifeway Foods will post -0.22 earnings per share for the current year.

A number of research analysts have recently commented on LWAY shares. Zacks Investment Research cut Lifeway Foods from a “hold” rating to a “sell” rating in a research note on Saturday, February 10th. TheStreet cut Lifeway Foods from a “c-” rating to a “d” rating in a research note on Friday, May 4th.

About Lifeway Foods

Lifeway Foods, Inc produces and markets probiotic-based products in the United States and internationally. Its primary product is drinkable kefir, a cultured dairy product in various organic and non-organic sizes, flavors, and types, including low fat, non-fat, whole milk, protein, BioKefir, and kefir with oats.

Insider Buying and Selling by Quarter for Lifeway Foods (NASDAQ:LWAY)

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