Overall market sentiment has been high on Lifeway Foods Inc (LWAY) stock lately. LWAY receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.
Lifeway Foods Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on LWAY!
Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends.
Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down.
InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend.
Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.
What's Happening With LWAY Stock Today?
Lifeway Foods Inc (LWAY) stock is trading at $18.86 as of 2:10 PM on Tuesday, Mar 26, a rise of $1.35, or 7.7% from the previous closing price of $17.51. The stock has traded between $17.66 and $18.96 so far today. Volume today is above average. So far 124,550 shares have traded compared to average volume of 70,613 shares.
More About Lifeway Foods Inc
Lifeway Foods Inc is engaged in manufacturing probiotic, cultured, functional dairy health food products. Its primary product is drinkable kefir which is a cultured dairy product. Its product categories are Drinkable Kefir which is the key revenue-driving product, European-style soft cheeses, Cream, ProBugs, Frozen Kefir and Other dairy. The company manufacture and market products under the Lifeway and Fresh Made brand names, as well as under private labels on behalf of customers. It sells the products primarily through direct sales force, brokers, and distributors.
Click Here to get the full Stock Report for Lifeway Foods Inc stock.
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