Lifeway Foods (NASDAQ:LWAY - Get Free Report) will likely be posting its quarterly earnings results before the market opens on Wednesday, March 19th. Analysts expect Lifeway Foods to post earnings of $0.18 per share and revenue of $48.00 million for the quarter.
Lifeway Foods Trading Up 0.5 %
LWAY stock opened at $20.51 on Wednesday. The stock has a 50-day moving average price of $22.34 and a two-hundred day moving average price of $23.43. Lifeway Foods has a 1 year low of $10.06 and a 1 year high of $28.61. The stock has a market cap of $303.88 million, a PE ratio of 23.85 and a beta of 1.00.
Wall Street Analysts Forecast Growth
Separately, StockNews.com began coverage on Lifeway Foods in a report on Thursday, March 6th. They set a "hold" rating for the company.
Read Our Latest Stock Report on LWAY
Insider Transactions at Lifeway Foods
In related news, major shareholder Ludmila Smolyansky sold 10,000 shares of Lifeway Foods stock in a transaction dated Wednesday, January 15th. The stock was sold at an average price of $22.67, for a total value of $226,700.00. Following the sale, the insider now owns 985,549 shares of the company's stock, valued at approximately $22,342,395.83. The trade was a 1.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders have sold a total of 122,034 shares of company stock valued at $2,797,217 over the last 90 days. 18.86% of the stock is owned by corporate insiders.
Lifeway Foods Company Profile
(
Get Free Report)
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. The company offers European-style soft cheeses; cream and other products; ProBugs, a line of kefir products designed for children; drinkable yogurt; and fresh made butter and sour cream.
Further Reading
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