Free Trial

Where Food Comes From (NASDAQ:WFCF) Shares Cross Below 200 Day Moving Average - Here's What Happened

Where Food Comes From logo with Consumer Discretionary background

Where Food Comes From, Inc. (NASDAQ:WFCF - Get Free Report) shares crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $11.67 and traded as low as $10.04. Where Food Comes From shares last traded at $10.25, with a volume of 2,215 shares traded.

Where Food Comes From Stock Down 0.7%

The stock has a market capitalization of $53.01 million, a PE ratio of 25.97 and a beta of 0.56. The stock's 50 day moving average price is $10.67 and its 200-day moving average price is $11.63.

Where Food Comes From (NASDAQ:WFCF - Get Free Report) last posted its quarterly earnings results 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 return on equity of 19.31% and a net margin of 8.23%.

Hedge Funds Weigh In On Where Food Comes From

Several institutional investors have recently bought and sold shares of WFCF. Bard Associates Inc. lifted its position in shares of Where Food Comes From by 10.5% in the fourth quarter. Bard Associates Inc. now owns 66,552 shares of the company's stock worth $881,000 after buying an additional 6,331 shares in the last quarter. Aristides Capital LLC boosted its position 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 valued at $414,000 after acquiring an additional 3,370 shares during the last quarter. Finally, Northern Trust Corp purchased a new position in shares of Where Food Comes From in the fourth quarter valued at $197,000. 18.84% of the stock is owned by hedge funds and other institutional investors.

About Where Food Comes From

(Get Free Report)

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.

See Also

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

5G Stocks: The Path Forward is Profitable Cover

Enter your email address and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.

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

Featured Articles and Offers

Recent Videos

3 Made in America Stocks Under $20 You Need to See!
3 Cheap Growth Stocks Set to Explode This Summer
The Next NVIDIA? Quantum Computing Stocks Set for Explosive Growth

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines