Lifeway Foods Inc. (LWAY, Financial) saw its stock price surge by 6.09%, reaching $24.72 per share. The trading volume was 27,949 shares, with a turnover rate of 0.19% and a price fluctuation of 3.65%. Recent financial results reveal an operating revenue of $46.10 million, a net profit of $2.98 million, and earnings per share of $0.20. The company's gross profit stands at $11.73 million, with a price-to-earnings ratio of 28.37.
Among analysts, 50% recommend buying the stock, while the other 50% suggest holding. No analysts recommend selling. Within the packaged foods industry, where LWAY operates, the overall decline was 0.33%. Notable performers in the sector include Stryve Foods Inc and The Real Good Food Company, Inc., which showed significant activity and price movement.
Lifeway Foods specializes in probiotic and functional dairy products, primarily selling drinkable Kefir, soft cheeses, creams, and other dairy items under the Lifeway and Fresh Made brands.
