Free Trial

Where Food Comes From (NASDAQ:WFCF) Stock Passes Above 50-Day Moving Average - Should You Sell?

Where Food Comes From logo with Consumer Discretionary background
Image from MarketBeat Media, LLC.

Key Points

  • Technical move: Shares of Where Food Comes From (NASDAQ:WFCF) passed above its 50‑day moving average of $12.40, trading as high as $12.61 and last quoted around $12.3760 on a volume of 2,025 shares.
  • Fundamentals: The company has a market capitalization of $62.5 million and a P/E of 41.25; it reported ($0.04) EPS on $6.04 million in quarterly revenue, with a 15.69% ROE and a 6.17% net margin.
  • Analyst & ownership picture: Weiss Ratings reaffirmed a Hold rating (consensus = Hold), and institutional investors own about 18.84% of the shares with Vanguard and other firms modestly increasing stakes.
  • MarketBeat previews the top five stocks to own by May 1st.

Shares of Where Food Comes From Inc. (NASDAQ:WFCF - Get Free Report) passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $12.40 and traded as high as $12.61. Where Food Comes From shares last traded at $12.3760, with a volume of 2,025 shares traded.

Wall Street Analyst Weigh In

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

View Our Latest Analysis on Where Food Comes From

Where Food Comes From Stock Up 1.4%

The company has a 50 day simple moving average of $12.40 and a two-hundred day simple moving average of $12.13. The company has a market capitalization of $62.50 million, a P/E ratio of 41.25 and a beta of 0.19.

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

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of WFCF. Vanguard Group Inc. grew its stake in shares of Where Food Comes From by 3.2% during the third quarter. Vanguard Group Inc. now owns 160,911 shares of the company's stock valued at $2,164,000 after buying an additional 5,017 shares during the last quarter. Aristides Capital LLC grew its stake in shares of Where Food Comes From by 4.2% during the fourth quarter. Aristides Capital LLC now owns 32,551 shares of the company's stock valued at $374,000 after buying an additional 1,300 shares during the last quarter. Finally, Cetera Investment Advisers bought a new position in shares of Where Food Comes From during the fourth quarter valued at approximately $152,000. Institutional investors own 18.84% of the company's stock.

About Where Food Comes From

(Get Free Report)

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.

Featured Stories

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Where Food Comes From Right Now?

Before you consider Where Food Comes From, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Where Food Comes From wasn't on the list.

While Where Food Comes From currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Reduce the Risk Cover

Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Click the link to learn more about using beta to protect your portfolio.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines