Lifeway Foods, Inc. (NASDAQ:LWAY) COO Edward Smolyansky sold 19,000 shares of the business’s stock in a transaction on Tuesday, September 10th. The stock was sold at an average price of $2.90, for a total transaction of $55,100.00. Following the completion of the transaction, the chief operating officer now owns 1,552,053 shares of the company’s stock, valued at approximately $4,500,953.70. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of LWAY stock traded down $0.08 on Thursday, reaching $2.72. 6,600 shares of the stock were exchanged, compared to its average volume of 42,137. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.37 and a current ratio of 2.08. The business’s 50 day moving average price is $2.98 and its 200 day moving average price is $2.64. Lifeway Foods, Inc. has a twelve month low of $1.81 and a twelve month high of $4.75.
Lifeway Foods (NASDAQ:LWAY) last issued its earnings results on Monday, August 19th. The company reported ($0.01) EPS for the quarter. The firm had revenue of $23.15 million for the quarter. Lifeway Foods had a negative return on equity of 8.95% and a negative net margin of 4.05%.
About Lifeway Foods
Lifeway Foods, Inc produces and markets probiotic-based products in the United States and internationally. Its primary product is drinkable kefir, a cultured dairy product in various organic and non-organic sizes, flavors, and types, including low fat, non-fat, whole milk, protein, BioKefir, and kefir with oats.
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