The stock of Lifeway Foods, Inc. (NASDAQ:LWAY) is a huge mover today! About 92,998 shares traded hands or 142.14% up from the average. Lifeway Foods, Inc. (NASDAQ:LWAY) has risen 63.95% since April 8, 2016 and is uptrending. It has outperformed by 58.31% the S&P500.
The move comes after 7 months negative chart setup for the $211.85M company. It was reported on Nov, 10 by Barchart.com. We have $12.51 PT which if reached, will make NASDAQ:LWAY worth $21.19M less.
According to Zacks Investment Research, “LIFEWAY FOODS, INC. produces Kefir, a drinkable product similar to, but distinct from yogurt, in several flavors sold under the name Lifeway’s Kefir.”
Insitutional Activity: The institutional sentiment decreased to 0.55 in 2016 Q2. Its down 0.78, from 1.33 in 2016Q1. The ratio is negative, as 7 funds sold all Lifeway Foods, Inc. shares owned while 15 reduced positions. 1 funds bought stakes while 11 increased positions. They now own 2.65 million shares or 3.79% less from 2.76 million shares in 2016Q1.
Schwab Charles Mngmt holds 10,100 shares or 0% of its portfolio. National Bank & Trust Of New York Mellon Corp reported 23,376 shares or 0% of all its holdings. Vanguard Grp, a Pennsylvania-based fund reported 233,510 shares. Blackrock Institutional Tru Na holds 0% or 31,149 shares in its portfolio. State Street has invested 0% of its portfolio in Lifeway Foods, Inc. (NASDAQ:LWAY). Jpmorgan Chase Communications holds 486 shares or 0% of its portfolio. Fmr Limited Liability Com owns 339,664 shares or 0% of their US portfolio. Gabelli Funds Ltd reported 313,892 shares or 0.02% of all its holdings. Royal National Bank Of Canada accumulated 400 shares or 0% of the stock. Gamco Investors Inc Et Al has 290,704 shares for 0.02% of their US portfolio. Amer Int Gru has invested 0% of its portfolio in Lifeway Foods, Inc. (NASDAQ:LWAY). The Texas-based Bridgeway Capital Management has invested 0.02% in Lifeway Foods, Inc. (NASDAQ:LWAY). Moreover, New York State Common Retirement Fund has 0% invested in Lifeway Foods, Inc. (NASDAQ:LWAY) for 4,300 shares. Tiaa Cref Invest Ltd Liability Co holds 0% of its portfolio in Lifeway Foods, Inc. (NASDAQ:LWAY) for 20,838 shares. Wells Fargo & Comm Mn reported 6 shares or 0% of all its holdings.
More notable recent Lifeway Foods, Inc. (NASDAQ:LWAY) news were published by: Globenewswire.com which released: “Lifeway Foods, Inc. Announces Results for the Third Quarter Ended September 30 …” on November 09, 2016, also Globenewswire.com with their article: “Lifeway Foods, Inc. to Announce Results for the Third Quarter Ended September …” published on November 08, 2016, Forbes.com published: “For Lifeway Foods, Carli Lloyd ‘Fair Play Means Fair Pay'” on September 16, 2016. More interesting news about Lifeway Foods, Inc. (NASDAQ:LWAY) were released by: Globenewswire.com and their article: “Lifeway Foods, Inc. Announces Results for the Second Quarter Ended June 30, 2016” published on August 17, 2016 as well as Globenewswire.com‘s news article titled: “Lifeway Foods, Inc. Appoints Jennifer Reilly as Senior Executive Vice …” with publication date: May 02, 2016.
LWAY Company Profile
Lifeway Foods, Inc. (Lifeway), incorporated on May 19, 1986, is engaged in the manufacturing of probiotic, cultured, functional dairy health food products. The Firm is engaged in the sale of fermented dairy products, which are produced and are sold to clients 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 products reach clients across Canada and in London, England under third-party co-manufacturing agreements and in-country distributor arrangements.
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