Noble Financial analyst Joe Gomes maintained a Hold rating on Lifeway Foods (LWAY – Research Report) today. The company’s shares closed yesterday at $5.62.
According to TipRanks, Gomes is a 3-star analyst with an average return of 1.1% and a 35.12% success rate. Gomes covers the Services sector, focusing on stocks such as RCI Hospitality Holdings, Fat Brands, and Information Services Group.
The word on The Street in general, suggests a Hold analyst consensus rating for Lifeway Foods.
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The company has a one-year high of $9.00 and a one-year low of $4.55. Currently, Lifeway Foods has an average volume of 8,879.
Based on the recent corporate insider activity of 13 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of LWAY in relation to earlier this year.
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Lifeway Foods, Inc. engages in the manufacture of probiotic and nutritious foods. Its products include kefir, organic kefir, plantiful, probugs, frozen kefir, cups and skyr, cheese, and supplements. It distributes its products primarily through its direct sales force, brokers, and distributors. The company was founded by Michael Smolyansky and Ludmila Smolyansky in February 1986 and is headquartered in Morton Grove, IL.
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