Where Food Comes From (NASDAQ:WFCF) Shares Cross Below 200-Day Moving Average - Should You Sell?

Where Food Comes From, Inc. (NASDAQ:WFCF - Get Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $11.86 and traded as low as $11.02. Where Food Comes From shares last traded at $11.17, with a volume of 920 shares traded.

Where Food Comes From Trading Down 1.2 %

The stock's 50 day moving average price is $11.28 and its two-hundred day moving average price is $11.86. The firm has a market capitalization of $57.82 million, a price-to-earnings ratio of 28.33 and a beta of 0.57.

Where Food Comes From (NASDAQ:WFCF - Get Free Report) last issued its earnings results on Thursday, May 8th. The company reported $0.01 earnings per share for the quarter. Where Food Comes From had a net margin of 8.23% and a return on equity of 19.31%. The company had revenue of $5.27 million for the quarter.

Hedge Funds Weigh In On Where Food Comes From

Several hedge funds and other institutional investors have recently bought and sold shares of WFCF. Geode Capital Management LLC raised its position in Where Food Comes From by 23.8% during the third quarter. Geode Capital Management LLC now owns 25,955 shares of the company's stock worth $280,000 after acquiring an additional 4,984 shares during the last quarter. Aristides Capital LLC grew its holdings in shares of Where Food Comes From by 12.1% during the fourth quarter. Aristides Capital LLC now owns 31,251 shares of the company's stock worth $414,000 after buying an additional 3,370 shares in the last quarter. DGS Capital Management LLC purchased a new position in shares of Where Food Comes From during the fourth quarter valued at approximately $147,000. Bard Associates Inc. grew its stake in Where Food Comes From by 10.5% in 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 period. Finally, Northern Trust Corp purchased a new stake in shares of Where Food Comes From in the fourth quarter valued at $197,000. 18.84% of the stock is owned by institutional investors and hedge funds.

Where Food Comes From Company Profile

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.