Lifeway Foods (NASDAQ:LWAY) Coverage Initiated at

Research analysts at assumed coverage on shares of Lifeway Foods (NASDAQ:LWAYGet Rating) in a research report issued to clients and investors on Monday. The brokerage set a “strong-buy” rating on the stock.

Several other equities analysts have also weighed in on LWAY. TheStreet lowered shares of Lifeway Foods from a “b-” rating to a “c” rating in a report on Thursday, September 22nd. Noble Financial upgraded shares of Lifeway Foods from a “market perform” rating to an “outperform” rating and set a $10.00 price objective on the stock in a report on Wednesday, November 16th.

Lifeway Foods Trading Down 1.8 %

Shares of LWAY opened at $7.52 on Monday. The company has a quick ratio of 1.70, a current ratio of 2.18 and a debt-to-equity ratio of 0.11. The firm’s fifty day simple moving average is $6.01 and its two-hundred day simple moving average is $5.62. Lifeway Foods has a 12 month low of $4.55 and a 12 month high of $9.00.

Lifeway Foods (NASDAQ:LWAYGet Rating) last issued its quarterly earnings results on Friday, August 26th. The company reported ($0.06) EPS for the quarter. The firm had revenue of $34.10 million for the quarter. Lifeway Foods had a net margin of 0.08% and a return on equity of 0.23%. Equities analysts expect that Lifeway Foods will post 0.01 earnings per share for the current year.

Institutional Investors Weigh In On Lifeway Foods

A hedge fund recently bought a new stake in Lifeway Foods stock. Voss Capital LLC acquired a new stake in Lifeway Foods, Inc. (NASDAQ:LWAYGet Rating) in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm acquired 58,079 shares of the company’s stock, valued at approximately $332,000. Voss Capital LLC owned about 0.37% of Lifeway Foods as of its most recent filing with the SEC. Institutional investors own 29.36% of the company’s stock.

About Lifeway Foods

(Get Rating)

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, and BioKefir. The company also offers European-style soft cheeses; cream and other products; ProBugs, a line of kefir products designed for children; cupped kefir and Icelandic Skyr, a line of strained kefir and yogurt products; and frozen kefir in soft serve and pint-size containers.

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