G. Willi-Food International (NASDAQ:WILC) Stock Price Crosses Above 200 Day Moving Average – Here’s What Happened

G. Willi-Food International, Ltd. (NASDAQ:WILC)’s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $26.16 and traded as high as $29.48. G. Willi-Food International shares last traded at $29.10, with a volume of 986 shares changing hands.

Analysts Set New Price Targets

Several equities analysts recently commented on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of G. Willi-Food International in a report on Monday, December 29th. Wall Street Zen upgraded shares of G. Willi-Food International to a “hold” rating in a report on Saturday, January 10th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, G. Willi-Food International has an average rating of “Hold”.

G. Willi-Food International Trading Down 2.0%

The company has a market capitalization of $416.23 million, a PE ratio of 15.73 and a beta of 0.83. The firm’s 50-day simple moving average is $27.12 and its 200-day simple moving average is $26.20.

G. Willi-Food International (NASDAQ:WILC) last released its quarterly earnings data on Tuesday, March 24th. The company reported $0.51 earnings per share (EPS) for the quarter. The company had revenue of $52.83 million during the quarter. G. Willi-Food International had a net margin of 14.75% and a return on equity of 14.37%.

G. Willi-Food International Announces Dividend

The business also recently disclosed a special dividend, which will be paid on Wednesday, April 29th. Shareholders of record on Monday, April 13th will be given a $0.51 dividend. The ex-dividend date of this dividend is Monday, April 13th. G. Willi-Food International’s payout ratio is 48.95%.

Institutional Investors Weigh In On G. Willi-Food International

Large investors have recently added to or reduced their stakes in the stock. Noked Israel Ltd purchased a new stake in shares of G. Willi-Food International in the 4th quarter worth approximately $230,000. Geode Capital Management LLC purchased a new stake in shares of G. Willi-Food International in the 4th quarter worth approximately $203,000. JPMorgan Chase & Co. lifted its position in shares of G. Willi-Food International by 408.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 10,903 shares of the company’s stock worth $220,000 after purchasing an additional 8,757 shares during the period. World Equity Group Inc. purchased a new stake in shares of G. Willi-Food International in the 3rd quarter worth approximately $287,000. Finally, Acadian Asset Management LLC purchased a new stake in shares of G. Willi-Food International in the 1st quarter worth approximately $50,000. 9.45% of the stock is owned by hedge funds and other institutional investors.

G. Willi-Food International Company Profile

G. Willi-Food International, Inc is a specialty food manufacturer based in Porterville, California, that develops, produces and distributes a variety of seasoned and roasted nut products, trail mixes and snack foods. The company serves both retail and foodservice channels through branded and private-label offerings, catering to grocery chains, club stores, convenience outlets, airlines, hotels, universities and restaurants throughout North America.

Founded in 1977, G. Willi-Food has expanded from a single roasting line to multiple production facilities in California, supported by satellite distribution centers to ensure efficient delivery and inventory management.