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Where Food Comes From (NASDAQ:WFCF) Stock Passes Above Fifty Day Moving Average - Should You Sell?

Where Food Comes From logo with Consumer Discretionary background

Key Points

  • Shares of Where Food Comes From Inc. (NASDAQ:WFCF) surpassed its fifty-day moving average, trading at $11.75 with a recent high of $11.50.
  • The company's last earnings report showed an EPS of $0.11 and revenue of $6.56 million for the quarter, alongside a net margin of 7.99%.
  • Northern Trust Corp recently acquired a stake in Where Food Comes From, purchasing 14,844 shares valued at approximately $197,000.
  • Five stocks we like better than Where Food Comes From.

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 $11.19 and traded as high as $11.50. Where Food Comes From shares last traded at $11.75, with a volume of 609 shares.

Where Food Comes From Trading Up 3.6%

The company's 50 day moving average price is $11.31 and its two-hundred day moving average price is $11.13. The stock has a market cap of $64.68 million, a P/E ratio of 32.08 and a beta of 0.62.

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

Hedge Funds Weigh In On Where Food Comes From

A hedge fund recently bought a new stake in Where Food Comes From stock. Northern Trust Corp bought a new position in shares of Where Food Comes From Inc. (NASDAQ:WFCF - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 14,844 shares of the company's stock, valued at approximately $197,000. Northern Trust Corp owned 0.28% of Where Food Comes From at the end of the most recent quarter. Institutional investors own 18.84% of the company's stock.

About Where Food Comes From

(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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