Where Food Comes From (NASDAQ:WFCF) Share Price Crosses Above Two Hundred Day Moving Average - Here's Why

Key Points

• Shares of Where Food Comes From (WFCF) crossed above its 200-day moving average of $12.22, trading as high as $13.10 and last at $12.9550 on light volume (~731 shares).
• The stock has an average analyst rating of Hold (Weiss Ratings reissued a hold); the company has a market cap of about $65.4 million and a P/E of 43.18.
• Most recent quarter: EPS of ($0.04) on $6.04 million revenue, with a 15.69% ROE and 6.17% net margin, and institutional investors own roughly 18.84% of the shares (Vanguard ~160,911 shares).

Shares of Where Food Comes From Inc. (NASDAQ:WFCF - Get Free Report) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $12.22 and traded as high as $13.10. Where Food Comes From shares last traded at $12.9550, with a volume of 731 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a "hold (c)" rating on shares of Where Food Comes From in a research report on Wednesday, January 21st. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock presently has an average rating of "Hold".

Where Food Comes From Stock Down 1.0%

The company has a market cap of $65.42 million, a P/E ratio of 43.18 and a beta of 0.19. The company's 50-day moving average is $12.06 and its two-hundred day moving average is $12.22.

Where Food Comes From (NASDAQ:WFCF - Get Free Report) last announced its quarterly earnings data on Thursday, February 26th. The company reported ($0.04) earnings per share for the quarter. The firm had revenue of $6.04 million during the quarter. Where Food Comes From had a return on equity of 15.69% and a net margin of 6.17%.

Institutional Trading of Where Food Comes From

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Cetera Investment Advisers bought a new position in Where Food Comes From in the 4th quarter worth about $152,000. Vanguard Group Inc. grew its stake in Where Food Comes From by 3.2% in the 3rd quarter. Vanguard Group Inc. now owns 160,911 shares of the company's stock worth $2,164,000 after buying an additional 5,017 shares in the last quarter. Finally, Aristides Capital LLC increased its holdings in shares of Where Food Comes From by 4.2% in the 4th quarter. Aristides Capital LLC now owns 32,551 shares of the company's stock worth $374,000 after buying an additional 1,300 shares during the last quarter. Institutional investors own 18.84% of the company's stock.

About Where Food Comes From

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.

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