Could Lifeway Foods, Inc. (LWAY) Go Up After Touching 52 Week Low?

July 16, 2018 - By Lisa Delgado

Lifeway Foods, Inc. (NASDAQ:LWAY) Logo

Investors sentiment decreased to 0.78 in 2018 Q1. Its down 2.00, from 2.78 in 2017Q4. It turned negative, as 4 investors sold Lifeway Foods, Inc. shares while 14 reduced holdings. 4 funds opened positions while 10 raised stakes. 2.57 million shares or 0.66% less from 2.59 million shares in 2017Q4 were reported.
Haverford Trust holds 0% of its portfolio in Lifeway Foods, Inc. (NASDAQ:LWAY) for 28,000 shares. Schwab Charles Inv Mgmt has invested 0% in Lifeway Foods, Inc. (NASDAQ:LWAY). State Street Corp reported 101,451 shares stake. Northern holds 60,673 shares. National Bank & Trust Of Mellon reported 0% in Lifeway Foods, Inc. (NASDAQ:LWAY). Ontario – Canada-based Manufacturers Life Insurance The has invested 0% in Lifeway Foods, Inc. (NASDAQ:LWAY). Bnp Paribas Arbitrage reported 0% stake. Alliancebernstein L P has 0% invested in Lifeway Foods, Inc. (NASDAQ:LWAY). Dimensional Fund Advsrs L P holds 374,382 shares or 0% of its portfolio. Wells Fargo & Mn accumulated 4,715 shares or 0% of the stock. Bridgeway Mgmt stated it has 0.01% of its portfolio in Lifeway Foods, Inc. (NASDAQ:LWAY). Tiaa Cref Investment Ltd Liability Corp has invested 0% in Lifeway Foods, Inc. (NASDAQ:LWAY). Retail Bank Of America Corp De owns 414 shares or 0% of their US portfolio. Moreover, Tower Cap Ltd Limited Liability Company (Trc) has 0% invested in Lifeway Foods, Inc. (NASDAQ:LWAY). Vanguard Group Inc holds 249,537 shares.

Since May 21, 2018, it had 0 insider buys, and 5 insider sales for $350,981 activity. On Monday, June 11 SMOLYANSKY EDWARD sold $31,345 worth of Lifeway Foods, Inc. (NASDAQ:LWAY) or 4,890 shares.

The stock of Lifeway Foods, Inc. (NASDAQ:LWAY) hit a new 52-week low and has $4.09 target or 4.00 % below today’s $4.26 share price. The 8 months bearish chart indicates high risk for the $67.64M company. The 1-year low was reported on Jul, 16 by Barchart.com. If the $4.09 price target is reached, the company will be worth $2.71M less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock.

The stock decreased 4.91% or $0.22 during the last trading session, reaching $4.26. About 25,191 shares traded. Lifeway Foods, Inc. (NASDAQ:LWAY) has declined 47.41% since July 16, 2017 and is downtrending. It has underperformed by 59.98% the S&P500.

Analysts await Lifeway Foods, Inc. (NASDAQ:LWAY) to report earnings on August, 13. They expect $-0.01 EPS, down 116.67 % or $0.07 from last year’s $0.06 per share.

More news for Lifeway Foods, Inc. (NASDAQ:LWAY) were recently published by: Gurufocus.com, which released: “SHAREHOLDER ALERT: Purcell Julie & Lefkowitz LLP Is Investigating Lifeway Foods, Inc. for Potential Breaches Of …” on July 02, 2018. Benzinga.com‘s article titled: “40 Stocks Moving In Tuesday’s Mid-Day Session” and published on June 26, 2018 is yet another important article.

Lifeway Foods, Inc. manufactures and sells probiotic, cultured, and functional dairy health food products in the United States and internationally. The company has market cap of $67.64 million. The companyÂ’s primary product includes drinkable kefir, a fermented dairy product, in varies organic and non-organic sizes, flavors, and types, including low fat, non-fat, whole milk, protein, BioKefir, and kefir with oats. It currently has negative earnings. It also offers ProBugs line of kefir products in drinkable, frozen, and freeze dried formats for children; frozen kefir in bars and pint-size containers; and European-style soft cheeses.

Lifeway Foods, Inc. (NASDAQ:LWAY) Institutional Positions Chart

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