Shares of Where Food Comes From Inc. (NASDAQ:WFCF - Get Free Report) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $11.60 and traded as low as $10.36. Where Food Comes From shares last traded at $10.52, with a volume of 1,413 shares trading hands.
Where Food Comes From Stock Up 2.7%
The company has a market cap of $55.65 million, a price-to-earnings ratio of 28.76 and a beta of 0.56. The firm has a 50 day moving average price of $10.62 and a two-hundred day moving average price of $11.56.
Where Food Comes From (NASDAQ:WFCF - Get Free Report) last announced its earnings results on Thursday, May 8th. The company reported $0.01 EPS for the quarter. Where Food Comes From had a return on equity of 17.60% and a net margin of 7.76%. The business had revenue of $5.27 million for the quarter.
Institutional Investors Weigh In On Where Food Comes From
Several large investors have recently modified their holdings of WFCF. Bard Associates Inc. lifted its holdings in Where Food Comes From by 10.5% in the fourth quarter. Bard Associates Inc. now owns 66,552 shares of the company's stock valued at $881,000 after buying an additional 6,331 shares during the period. Aristides Capital LLC raised its position in shares of Where Food Comes From by 12.1% in the 4th quarter. Aristides Capital LLC now owns 31,251 shares of the company's stock worth $414,000 after acquiring an additional 3,370 shares in the last quarter. Finally, Northern Trust Corp bought a new position in shares of Where Food Comes From in the 4th quarter worth about $197,000. 18.84% of the stock is currently owned by institutional investors and hedge funds.
About Where Food Comes From
(
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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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