A statement released earlier today by Zacks Investment Research about Lifeway Foods, Inc. (NASDAQ:LWAY) bumps the target price to $12.00
- Updated: September 17, 2016
Stating a possible upside of 0.11%, Zacks Investment Research raised the target price of Lifeway Foods, Inc. (NASDAQ:LWAY) to $12.
On 12/11/2015, DA Davidson reported on Lifeway Foods, Inc.(NASDAQ:LWAY) raised the target price from $0.00 to $14.00 that indicated a possible upside of 0.21%.
Displaying a price of $10.83, Lifeway Foods, Inc. (NASDAQ:LWAY) traded 10.83% higher on the day. The last close is up 53.45% from the two hundred day moving average, compared to the Standard & Poor’s 500 Index which has decreased -0.01% over the date range. LWAY has logged a 50-day average of $11.18 and two hundred day moving average of $10.40. 159,311 shares of LWAY were exchanged, up from ann average volume of 13,677
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Lifeway Foods, Inc. has a PE of 60 with a 52 week low of $8.68 and a 52 week high of $16.15. Lifeway Foods, Inc.’s market cap is presently $0.0.
More About Lifeway Foods, Inc. (NASDAQ:LWAY)
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. Through its distributors, the Company also sells its products to retailers in Mexico, Costa Rica, Dubai, Hong Kong, China and the Caribbean. The Company’s primary product is kefir, a dairy beverage similar to but distinct from yogurt, in various flavors and in various package configurations. In addition to the drinkable products, Lifeway manufactures Lifeway Farmer Cheese, a line of various farmer cheeses. Kefir also serves as a base for lower-calorie dressings, dips, marinades, and soups or sauces and as a basic ingredient in other home-prepared foods. Recipes are made available through the Company’s Website. The Company also markets and sells its ProBugs line of drinkable kefir.
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