Where Food Comes From (NASDAQ:WFCF) Stock Price Crosses Below Two Hundred Day Moving Average – Here’s What Happened

Where Food Comes From, Inc. (NASDAQ:WFCF) passed 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 Price Performance

The company has a market cap of $53.64 million, a price-to-earnings ratio of 26.28 and a beta of 0.56. The stock has a 50-day moving average price of $10.71 and a 200 day moving average price of $11.67.

Where Food Comes From (NASDAQ:WFCF) last released its quarterly earnings results on Thursday, May 8th. The company reported $0.01 EPS for the quarter. The company 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 Investors Weigh In On Where Food Comes From

A number of hedge funds have recently modified their holdings of WFCF. Northern Trust Corp acquired a new stake in Where Food Comes From in the 4th quarter valued at approximately $197,000. Aristides Capital LLC raised its position in Where Food Comes From by 12.1% in the 4th quarter. Aristides Capital LLC now owns 31,251 shares of the company’s stock valued at $414,000 after buying an additional 3,370 shares during the last quarter. Finally, Bard Associates Inc. raised its position 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 valued at $881,000 after buying an additional 6,331 shares during the last quarter. Institutional investors and hedge funds 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.