G. Willi-Food International (NASDAQ:WILC) Stock Crosses Above 200-Day Moving Average - Should You Sell?

Key Points

• G. Willi-Food International's stock recently surpassed its 200-day moving average of $17.69, reaching a high of $20.98 before settling at $20.90.
• The company was upgraded from a "buy" to a "strong-buy" rating by Wall Street Zen, indicating increased confidence in its performance.
• G. Willi-Food International has a market capitalization of approximately $289.88 million and has announced a recent dividend of $0.42 per share, representing a high yield.

G. Willi-Food International, Ltd. (NASDAQ:WILC - Get Free Report) shares passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $17.69 and traded as high as $20.98. G. Willi-Food International shares last traded at $20.90, with a volume of 5,453 shares.

Analysts Set New Price Targets

Separately, Wall Street Zen upgraded shares of G. Willi-Food International from a "buy" rating to a "strong-buy" rating in a report on Sunday, September 7th.

G. Willi-Food International Stock Down 0.9%

The company's fifty day simple moving average is $20.82 and its 200 day simple moving average is $17.69. The firm has a market capitalization of $289.88 million, a PE ratio of 11.18 and a beta of 0.84.

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

G. Willi-Food International Cuts Dividend

The firm also recently announced a -- dividend, which was paid on Thursday, September 4th. Stockholders of record on Monday, August 25th were issued a dividend of $0.42 per share. This represents a dividend yield of 90.0%. The ex-dividend date was Monday, August 25th. G. Willi-Food International's dividend payout ratio (DPR) is presently 53.48%.

Hedge Funds Weigh In On G. Willi-Food International

Several large investors have recently made changes to their positions in the business. Northern Trust Corp purchased a new position in shares of G. Willi-Food International during the fourth quarter valued at approximately $521,000. Acadian Asset Management LLC purchased a new position in shares of G. Willi-Food International during the first quarter valued at approximately $50,000. Finally, JPMorgan Chase & Co. raised its holdings in G. Willi-Food International by 786.8% in the 2nd quarter. JPMorgan Chase & Co. now owns 2,146 shares of the company's stock worth $40,000 after acquiring an additional 1,904 shares during the last quarter. 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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