G. Willi-Food International (NASDAQ:WILC) Shares Pass Above Two Hundred Day Moving Average - Here's What Happened

Key Points

• G. Willi-Food International's shares recently crossed above the 200-day moving average, reaching a high of $20.54 before last trading at $20.42.
• The company received a downgrade from Wall Street Zen, shifting from a "strong-buy" to a "buy" rating, while maintaining an overall average rating of "Hold."
• The firm reported a net margin of 16.07% and a return on equity of 15.70% for its most recent quarter, with earnings per share of $0.61.

G. Willi-Food International, Ltd. (NASDAQ:WILC - Get Free Report) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $18.02 and traded as high as $20.54. G. Willi-Food International shares last traded at $20.42, with a volume of 4,930 shares.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the company. Wall Street Zen cut G. Willi-Food International from a "strong-buy" rating to a "buy" rating in a research note on Friday, September 26th. Weiss Ratings reissued a "hold (c+)" rating on shares of G. Willi-Food International in a research report on Saturday, September 27th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company presently has an average rating of "Hold".

G. Willi-Food International Price Performance

The firm has a 50 day moving average of $20.70 and a two-hundred day moving average of $18.02. The stock has a market cap of $283.31 million, a PE ratio of 10.92 and a beta of 0.83.

G. Willi-Food International (NASDAQ:WILC - Get Free Report) last announced its quarterly earnings results on Tuesday, August 12th. The company reported $0.61 EPS for the quarter. The company had revenue of $44.83 million for the quarter. G. Willi-Food International had a net margin of 16.07% and a return on equity of 15.70%.

G. Willi-Food International Cuts Dividend

The business also recently declared a -- dividend, which was paid on Thursday, September 4th. Investors of record on Monday, August 25th were given a $0.42 dividend. The ex-dividend date of this dividend was Monday, August 25th. This represents a yield of 90.0%. G. Willi-Food International's payout ratio is 53.48%.

Institutional Trading of G. Willi-Food International

A hedge fund recently bought a new stake in G. Willi-Food International stock. Acadian Asset Management LLC bought a new stake in G. Willi-Food International, Ltd. (NASDAQ:WILC - Free Report) in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 3,494 shares of the company's stock, valued at approximately $50,000. 9.45% of the stock is currently owned by hedge funds and other institutional investors.

G. Willi-Food International Company Profile

G. Willi-Food International Ltd. designs, imports, markets, and distributes food products worldwide. The company offers mushrooms, artichoke, beans, asparagus, capers, corn kernels, baby corn, palm hearts, vine leaves, sour pickles, mixed pickled vegetables, pickled peppers, olives, garlic, roasted eggplant sun, and dried tomatoes; and canned fish comprising tuna, sardine, anchovies, smoked and pressed cod liver, herring, fish paste, and salmon products.

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