Is This Stock a Screaming Buy: Lifeway Foods Inc. (NASDAQ:LWAY)

Equity Research firms currently have a positive stance on shares of Lifeway Foods Inc. (NASDAQ:LWAY). The majority of analysts covering the equity have a consensus Strong Buy recommendation on the stock, yielding a score of 1.50. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $15.10 on a short term basis.

At the time of writing, the stock was trading at $14.97. This represents a change from the opening price of -0.93%. In terms of performance, year to date, the stock is 35.14%. The monthly stock performance comes in at 17.46%. For the quarter, shares are performing at 24.48%. Weekly performance analysis shows the equity at -7.81%.

In taking a look at technical levels, shares are trading 17.40% away from the 50 day simple moving average and 35.30% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -11.84% away from it’s 52- week high and 72.47% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, Lifeway Foods Inc.’s RSI stands at 53.81. In looking at volatility levels, the shares saw weekly volatility of 4.16% and 4.01% over the past month.

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