Lifeway Foods, Inc’s filing revealed that its Member of 10% owner group SMOLYANSKY LUDMILA unloaded Company’s shares for reported $0.27 million on Jan 17 ’25. In the deal valued at $22.55 per share,12,034 shares were sold. As a result of this transaction, SMOLYANSKY LUDMILA now holds 965,823 shares worth roughly $21.68 million.
Then, SMOLYANSKY LUDMILA sold 10,000 shares, generating $226,700 in total proceeds. Upon selling the shares at $22.67, the Member of 10% owner group now owns 985,549 shares.
Before that, SMOLYANSKY LUDMILA sold 7,692 shares. Lifeway Foods, Inc shares valued at $173,608 were divested by the Member of 10% owner group at a price of $22.57 per share. As a result of the transaction, SMOLYANSKY LUDMILA now holds 977,857 shares, worth roughly $21.95 million.
Noble Capital Markets downgraded its Lifeway Foods, Inc [LWAY] rating to a Market perform from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Noble Capital Markets’s analysts, who increased its forecast for the stock in late May from “a Market perform” to “an Outperform”. Lake Street began covering LWAY with “Buy” recommendation on April 05, 2024. Noble Capital Markets revised its rating on March 27, 2024. It rated LWAY as “a Market perform” which previously was an “an Outperform”.
Price Performance Review of LWAY
On Friday, Lifeway Foods, Inc [NASDAQ:LWAY] saw its stock jump 0.27% to $22.45. Lifeway Foods, Inc shares have fallen nearly -9.48% since the year began. Nevertheless, the stocks have risen 62.92% over the past one year. While a 52-week high of $28.61 was reached on 01/03/25, a 52-week low of $9.93 was recorded on 01/13/25. SMA at 50 days reached $23.84, while 200 days put it at $20.14.
Levels Of Support And Resistance For LWAY Stock
The 24-hour chart illustrates a support level at 22.07, which if violated will result in even more drops to 21.70. On the upside, there is a resistance level at 22.88. A further resistance level may holdings at 23.32. The Relative Strength Index (RSI) on the 14-day chart is 40.88, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.66, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 83.10%. Stochastics %K at 18.69% indicates the stock is a buying.
How much short interest is there in Lifeway Foods, Inc?
A steep rise in short interest was recorded in Lifeway Foods, Inc stocks on 2024-10-31, dropping by -0.13 million shares to a total of 0.14 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 0.26 million shares. There was a decline of -94.33%, which implies that there is a negative sentiment for the stock.
