Where Food Comes From (NASDAQ:WFCF) Shares Pass Above 50-Day Moving Average - Here's What Happened

Key Points

• Technical move: Where Food Comes From shares crossed above their 50-day moving average (50-day SMA $12.20) on Monday, trading as high as $13.15 and last at $12.67 on volume of 4,182 shares.
• Analyst view: Weiss Ratings recently restated a "Hold" rating and the consensus rating on the stock remains Hold.
• Company fundamentals and ownership: The firm has a market cap of about $64 million, a P/E of 42.24, reported Q4 EPS of ($0.04) on $6.04 million revenue, and roughly 18.8% of shares are held by institutional investors with Vanguard modestly increasing its stake.

Where Food Comes From Inc. (NASDAQ:WFCF - Get Free Report) crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $12.20 and traded as high as $13.15. Where Food Comes From shares last traded at $12.6710, with a volume of 4,182 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a "hold (c)" rating on shares of Where Food Comes From in a research report on Wednesday, January 21st. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company presently has a consensus rating of "Hold".

Where Food Comes From Price Performance

The company has a market capitalization of $63.99 million, a price-to-earnings ratio of 42.24 and a beta of 0.19. The stock has a fifty day simple moving average of $12.20 and a 200-day simple moving average of $12.16.

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

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in WFCF. Vanguard Group Inc. raised its stake in shares of Where Food Comes From by 3.2% during 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 during the period. Aristides Capital LLC raised its stake in shares of Where Food Comes From by 4.2% during 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 period. Finally, Cetera Investment Advisers acquired a new position in shares of Where Food Comes From during the 4th quarter worth approximately $152,000. 18.84% of the stock is owned by institutional investors and hedge funds.

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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