Where Food Comes From (NASDAQ:WFCF) Share Price Crosses Below 200 Day Moving Average of $12.97

Where Food Comes From, Inc. (NASDAQ:WFCF - Get Free Report)'s share price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $12.97 and traded as low as $12.00. Where Food Comes From shares last traded at $12.00, with a volume of 775 shares traded.

Where Food Comes From Price Performance

The business has a 50-day simple moving average of $11.91 and a two-hundred day simple moving average of $12.97. The stock has a market cap of $66.03 million, a price-to-earnings ratio of 31.58 and a beta of 0.63.

Where Food Comes From (NASDAQ:WFCF - Get Free Report) last announced its quarterly earnings results on Thursday, February 15th. The company reported $0.14 earnings per share (EPS) for the quarter. Where Food Comes From had a return on equity of 19.40% and a net margin of 8.56%. The business had revenue of $6.73 million during the quarter.

Institutional Investors Weigh In On Where Food Comes From

A hedge fund recently raised its stake in Where Food Comes From stock. Bard Associates Inc. boosted its position in Where Food Comes From, Inc. (NASDAQ:WFCF - Free Report) by 3.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 45,150 shares of the company's stock after acquiring an additional 1,535 shares during the quarter. Bard Associates Inc. owned 0.81% of Where Food Comes From worth $612,000 at the end of the most recent reporting period. 18.84% of the stock is currently owned by institutional investors and hedge funds.

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.