Where Food Comes From (NASDAQ:WFCF) Stock Passes Below 200-Day Moving Average - Time to Sell?

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.

Where Food Comes From Stock Performance

The firm's fifty day simple moving average is $10.66 and its 200 day simple moving average is $11.60. The stock has a market capitalization of $55.00 million, a price-to-earnings ratio of 28.42 and a beta of 0.56.

Where Food Comes From (NASDAQ:WFCF - Get Free Report) last issued its quarterly earnings data on Thursday, May 8th. The company reported $0.01 EPS for the quarter. The business had revenue of $5.27 million for the quarter. Where Food Comes From had a net margin of 7.76% and a return on equity of 17.60%.

Institutional Trading of Where Food Comes From

Several hedge funds and other institutional investors have recently modified their holdings of WFCF. Northern Trust Corp bought a new position in shares of Where Food Comes From during the fourth quarter worth about $197,000. Bard Associates Inc. boosted its position in Where Food Comes From by 10.5% during the 4th quarter. Bard Associates Inc. now owns 66,552 shares of the company's stock worth $881,000 after acquiring an additional 6,331 shares during the last quarter. Finally, Aristides Capital LLC grew its stake in shares of Where Food Comes From by 12.1% during 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. Institutional investors and hedge funds own 18.84% of the company's stock.

About Where Food Comes From

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.