Where Food Comes From (NASDAQ:WFCF) Stock Passes Below 200-Day Moving Average - Should You Sell?

Where Food Comes From, Inc. (NASDAQ:WFCF - Get Free Report)'s share price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $11.79 and traded as low as $11.20. Where Food Comes From shares last traded at $11.20, with a volume of 8,772 shares trading hands.

Where Food Comes From Trading Up 0.0 %

The firm's 50 day simple moving average is $12.38 and its 200-day simple moving average is $11.78. The stock has a market capitalization of $58.74 million, a price-to-earnings ratio of 28.78 and a beta of 0.55.

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

Hedge Funds Weigh In On Where Food Comes From

Institutional investors have recently added to or reduced their stakes in the company. Sanctuary Advisors LLC bought a new stake in shares of Where Food Comes From in the 3rd quarter valued at about $2,223,000. Northern Trust Corp bought a new stake in Where Food Comes From in the fourth quarter valued at approximately $197,000. Bard Associates Inc. lifted its position in shares of Where Food Comes From by 22.6% in the third quarter. Bard Associates Inc. now owns 60,221 shares of the company's stock valued at $649,000 after buying an additional 11,106 shares during the last quarter. DGS Capital Management LLC bought a new position in shares of Where Food Comes From during the 4th quarter worth approximately $147,000. Finally, Geode Capital Management LLC increased its holdings 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 acquiring an additional 4,984 shares during the last quarter. 18.84% of the stock is currently owned by institutional investors and hedge funds.

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Where Food Comes From Company Profile

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.