Where Food Comes From (NASDAQ:WFCF) Stock Price Crosses Below 200-Day Moving Average - Should You Sell?

Where Food Comes From, Inc. (NASDAQ:WFCF - Get Free Report) shares passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred 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.

Where Food Comes From Trading Down 2.6%

The business has a fifty day moving average of $11.26 and a 200-day moving average of $11.86. The firm has a market cap of $49.45 million, a PE ratio of 24.23 and a beta of 0.57.

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

Institutional Trading of Where Food Comes From

Institutional investors have recently added to or reduced their stakes in the stock. DGS Capital Management LLC purchased a new stake in Where Food Comes From during the 4th quarter worth about $147,000. Northern Trust Corp purchased a new stake in Where Food Comes From during the 4th quarter worth about $197,000. Geode Capital Management LLC lifted its holdings in Where Food Comes From by 23.8% during the 3rd quarter. Geode Capital Management LLC now owns 25,955 shares of the company's stock worth $280,000 after purchasing an additional 4,984 shares in the last quarter. Aristides Capital LLC lifted its holdings in 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 purchasing an additional 3,370 shares in the last quarter. Finally, Bard Associates Inc. lifted its holdings 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 purchasing an additional 6,331 shares in the last quarter. Hedge funds and other institutional investors own 18.84% of the company's stock.

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.