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Weiss Ratings Reiterates Hold (C) Rating for Where Food Comes From (NASDAQ:WFCF)

Where Food Comes From logo with Consumer Discretionary background

Key Points

  • Weiss Ratings has reiterated a "hold (C)" rating for Where Food Comes From (NASDAQ:WFCF), indicating a neutral outlook on the stock's performance.
  • The stock price increased by 0.9% to $13.37, with a trading volume of 847 shares, which is below its average volume of 3,653 shares.
  • For its latest quarter, Where Food Comes From reported $0.11 earnings per share and a revenue of $6.56 million, showing a return on equity of 18.22% and a net margin of 7.99%.
  • MarketBeat previews top five stocks to own in November.

Where Food Comes From (NASDAQ:WFCF - Get Free Report)'s stock had its "hold (c)" rating reiterated by investment analysts at Weiss Ratings in a report released on Wednesday,Weiss Ratings reports.

Where Food Comes From Stock Up 0.9%

Where Food Comes From stock traded up $0.12 during midday trading on Wednesday, reaching $13.37. The company's stock had a trading volume of 847 shares, compared to its average volume of 3,653. Where Food Comes From has a fifty-two week low of $9.26 and a fifty-two week high of $13.78. The company has a market cap of $69.12 million, a P/E ratio of 34.28 and a beta of 0.66. The business has a 50-day simple moving average of $12.29 and a 200-day simple moving average of $11.37.

Where Food Comes From (NASDAQ:WFCF - Get Free Report) last posted its quarterly earnings results on Thursday, August 7th. The company reported $0.11 earnings per share for the quarter. Where Food Comes From had a return on equity of 18.22% and a net margin of 7.99%.The company had revenue of $6.56 million for the quarter.

Where Food Comes From Company Profile

(Get Free Report)

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.

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