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Where Food Comes From (NASDAQ:WFCF) Share Price Crosses Above Fifty Day Moving Average - What's Next?

Where Food Comes From logo with Consumer Discretionary background

Where Food Comes From, Inc. (NASDAQ:WFCF - Get Free Report)'s stock price passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $11.50 and traded as high as $11.75. Where Food Comes From shares last traded at $11.60, with a volume of 1,759 shares.

Where Food Comes From Stock Down 1.3 %

The company has a market cap of $59.42 million, a price-to-earnings ratio of 29.12 and a beta of 0.53. The business has a fifty day simple moving average of $11.48 and a 200 day simple moving average of $11.88.

Where Food Comes From (NASDAQ:WFCF - Get Free Report) last announced its quarterly earnings data on Thursday, February 20th. The company reported $0.13 EPS for the quarter. Where Food Comes From had a net margin of 8.23% and a return on equity of 19.31%. The firm had revenue of $6.66 million during the quarter.

Institutional Investors Weigh In On Where Food Comes From

Institutional investors have recently modified their holdings of the company. DGS Capital Management LLC acquired a new position in Where Food Comes From during the fourth quarter worth $147,000. Northern Trust Corp purchased a new position in shares of Where Food Comes From in the fourth quarter valued at $197,000. Geode Capital Management LLC raised its stake in shares of Where Food Comes From by 23.8% during the 3rd quarter. Geode Capital Management LLC now owns 25,955 shares of the company's stock worth $280,000 after buying an additional 4,984 shares during the last quarter. Aristides Capital LLC boosted its position in shares of Where Food Comes From by 12.1% in the 4th quarter. Aristides Capital LLC now owns 31,251 shares of the company's stock worth $414,000 after buying an additional 3,370 shares in the last quarter. Finally, Bard Associates Inc. increased its holdings in Where Food Comes From by 10.5% during the 4th quarter. Bard Associates Inc. now owns 66,552 shares of the company's stock valued at $881,000 after acquiring an additional 6,331 shares in the last quarter. Hedge funds and other institutional investors own 18.84% of the company's stock.

Where Food Comes From Company Profile

(Get Free Report)

Where Food Comes From, Inc, together with its subsidiaries, operates as a third-party food verification company in North America. The company operates through Verification and Certification, and Professional Services segments. It conducts on-site and desk audits to verify that claims being made about livestock, food, other specialty crops, and agricultural and aquaculture products are accurate, as well as offers Where Food Comes From Source Verified retail and restaurant labeling program, which connects consumers directly to the source of the food they purchase through product labeling, and web-based information sharing and education.

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