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Shares of Fairway Group Holdings Corp (NYSE:FWM) reached a new 52-week low during trading on Wednesday , Analyst Ratings Network.com reports. The company traded as low as $4.22 and last traded at $4.29, with a volume of 197,498 shares. The stock had previously closed at $4.34.

A number of analysts have recently weighed in on FWM shares. Analysts at William Blair downgraded shares of Fairway Group Holdings Corp from an “outperform” rating to a “market perform” rating in a research note on Monday, August 11th. Separately, analysts at Jefferies Group cut their price target on shares of Fairway Group Holdings Corp from $8.00 to $6.50 in a research note on Friday, August 8th. Finally, analysts at Credit Suisse reiterated an “underperform” rating on shares of Fairway Group Holdings Corp in a research note on Friday, August 8th. They now have a $4.00 price target on the stock, down previously from $5.50. Two analysts have rated the stock with a sell rating and six have assigned a hold rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $7.17.

The stock’s 50-day moving average is $5.32 and its 200-day moving average is $6.63. The company’s market cap is $183.8 million.

Fairway Group Holdings Corp (NYSE:FWM) last posted its quarterly earnings results on Thursday, August 7th. The company reported ($0.22) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.11) by $0.11. The company had revenue of $198.27 million for the quarter, compared to the consensus estimate of $196.91 million. During the same quarter last year, the company posted ($2.11) earnings per share. Fairway Group Holdings Corp’s revenue was up 6.2% compared to the same quarter last year. Analysts expect that Fairway Group Holdings Corp will post $-0.58 EPS for the current fiscal year.

Fairway Group Holdings Corp. operates in the retail food industry, selling fresh, natural and organic products, prepared foods, and specialty and gourmet offerings along with a assortment of conventional groceries.

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