Lifeway Meals (NASDAQ:LWAY) Protection Initiated at StockNews.com



StockNews.com initiated protection on shares of Lifeway Meals (NASDAQ:LWAY – Get Ranking) in a analysis be aware issued to buyers on Sunday. The agency set a “strong-buy” ranking on the inventory.

LWAY opened at $5.49 on Friday. Lifeway Meals has a twelve month low of $4.55 and a twelve month excessive of $9.00. The corporate has a fast ratio of 1.68, a present ratio of two.27 and a debt-to-equity ratio of 0.13. The corporate has a fifty day transferring common of $6.23 and a 200-day transferring common of $5.68. The inventory has a market cap of $84.74 million, a PE ratio of 23.87 and a beta of 1.79.

A hedge fund lately raised its stake in Lifeway Meals inventory. BlackRock Inc. boosted its place in shares of Lifeway Meals, Inc. (NASDAQ:LWAY – Get Ranking) by 72.8% within the third quarter, in line with the corporate in its most up-to-date Kind 13F submitting with the Securities and Change Fee. The institutional investor owned 31,926 shares of the corporate’s inventory after buying an extra 13,449 shares through the interval. BlackRock Inc. owned 0.21% of Lifeway Meals value $179,000 as of its most up-to-date SEC submitting. 29.29% of the inventory is at present owned by institutional buyers and hedge funds.

About Lifeway Meals (Get Ranking)

Lifeway Meals, Inc produces and markets probiotic-based merchandise in america and internationally. Its main product is drinkable kefir, a cultured dairy product in numerous natural and non-organic sizes, flavors, and kinds, together with low fats, non-fat, complete milk, protein, and BioKefir. The corporate additionally gives European-style mushy cheeses; cream and different merchandise; ProBugs, a line of kefir merchandise designed for youngsters; cupped kefir and Icelandic Skyr, a line of strained kefir and yogurt merchandise; and frozen kefir in mushy serve and pint-size containers.

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