G. Willi-Food International (NASDAQ:WILC) Stock Passes Above 200 Day Moving Average - Time to Sell?

Key Points

• G. Willi-Food International's shares recently surpassed their 200-day moving average during trading, with the stock reaching a high of $22.17 before closing at $21.57.
• Analysts at Wall Street Zen have upgraded the company to a "hold" rating, indicating a more cautious approach for prospective investors.
• The company announced a dividend of $0.42 per share, reflecting a 90.0% yield, with an ex-dividend date set for August 25th.

G. Willi-Food International, Ltd. (NASDAQ:WILC - Get Free Report) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $17.05 and traded as high as $22.17. G. Willi-Food International shares last traded at $21.57, with a volume of 13,271 shares traded.

Wall Street Analyst Weigh In

Separately, Wall Street Zen upgraded G. Willi-Food International from a "hold" rating to a "strong-buy" rating in a research report on Saturday.

G. Willi-Food International Stock Performance

The firm has a market capitalization of $300.15 million, a P/E ratio of 11.57 and a beta of 0.90. The stock has a 50-day moving average of $19.42 and a 200 day moving average of $17.14.

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

G. Willi-Food International Cuts Dividend

The company also recently disclosed a -- dividend, which will be paid on Thursday, September 4th. Investors of record on Monday, August 25th will be given a $0.42 dividend. This represents a yield of 90.0%. The ex-dividend date is Monday, August 25th. G. Willi-Food International's dividend payout ratio (DPR) is presently 31.02%.

Institutional Trading of G. Willi-Food International

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in WILC. JPMorgan Chase & Co. increased its position in G. Willi-Food International by 786.8% in the second quarter. JPMorgan Chase & Co. now owns 2,146 shares of the company's stock worth $40,000 after purchasing an additional 1,904 shares during the period. Acadian Asset Management LLC acquired a new stake in G. Willi-Food International in the first quarter worth about $50,000. Finally, Northern Trust Corp acquired a new stake in G. Willi-Food International in the fourth quarter worth about $521,000. 9.45% of the stock is currently owned by institutional investors and hedge funds.

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.