Where Food Comes From Inc. (NASDAQ:WFCF - Get Free Report)'s stock price passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $12.60 and traded as high as $13.25. Where Food Comes From shares last traded at $12.8910, with a volume of 2,138 shares traded.
Wall Street Analyst Weigh In
Separately, Weiss Ratings downgraded shares of Where Food Comes From from a "hold (c)" rating to a "hold (c-)" rating in a research note on Wednesday, July 15th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Where Food Comes From currently has a consensus rating of "Hold".
Read Our Latest Research Report on Where Food Comes From
Where Food Comes From Stock Up 3.1%
The stock has a market cap of $64.20 million, a P/E ratio of 46.04 and a beta of 0.10. The company has a 50-day simple moving average of $12.60 and a two-hundred day simple moving average of $12.39.
Where Food Comes From (NASDAQ:WFCF - Get Free Report) last issued its earnings results on Thursday, August 6th. The company reported $0.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.05 by $0.03. Where Food Comes From had a net margin of 5.78% and a return on equity of 15.39%. The firm had revenue of $6.61 million for the quarter, compared to analysts' expectations of $4.90 million.
Hedge Funds Weigh In On Where Food Comes From
Hedge funds and other institutional investors have recently modified their holdings of the company. Western Wealth Management LLC purchased a new stake in shares of Where Food Comes From during the first quarter worth about $29,000. Cetera Investment Advisers increased its holdings in Where Food Comes From by 93.1% during the 1st quarter. Cetera Investment Advisers now owns 25,470 shares of the company's stock valued at $339,000 after purchasing an additional 12,282 shares during the period. Aristides Capital LLC raised its position in Where Food Comes From by 4.2% during the 4th quarter. Aristides Capital LLC now owns 32,551 shares of the company's stock valued at $374,000 after purchasing an additional 1,300 shares during the last quarter. Finally, Vanguard Group Inc. raised its position in Where Food Comes From by 3.2% during the 3rd quarter. Vanguard Group Inc. now owns 160,911 shares of the company's stock valued at $2,164,000 after purchasing an additional 5,017 shares during the last quarter. 18.84% of the stock is owned by institutional investors.
Where Food Comes From Company Profile
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Get Free Report)
Where Food Comes From, Inc NASDAQ: WFCF is a food traceability and certification company headquartered in Caldwell, Idaho. Established from a ranch-to-plate verification program launched in 2005, the company now offers a suite of services designed to authenticate product attributes, verify production claims and enhance supply-chain transparency for agricultural producers and food brands.
The company's core offerings include third-party certification audits, program development, on-farm risk assessments and digital traceability solutions.
Further Reading
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