Where Food Comes From (NASDAQ:WFCF) Shares Pass Above 50-Day Moving Average – Here’s What Happened
by Renee Jackson · The Cerbat GemShares of 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 traded.
Analyst Ratings Changes
Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Where Food Comes From in a research note on Wednesday, January 21st. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock currently has an average rating of “Hold”.
Get Our Latest Research Report on Where Food Comes From
Where Food Comes From Trading Up 3.1%
The business has a fifty day simple moving average of $12.20 and a two-hundred day simple moving average of $12.16. The company has a market cap of $63.99 million, a PE ratio of 42.24 and a beta of 0.19.
Where Food Comes From (NASDAQ:WFCF – Get Free Report) last announced its quarterly earnings data on Thursday, February 26th. The company reported ($0.04) earnings per share for the quarter. The firm had revenue of $6.04 million during the quarter. Where Food Comes From had a net margin of 6.17% and a return on equity of 15.69%.
Hedge Funds Weigh In On Where Food Comes From
Several hedge funds and other institutional investors have recently modified their holdings of WFCF. Vanguard Group Inc. raised its holdings in Where Food Comes From by 3.2% in the 3rd quarter. Vanguard Group Inc. now owns 160,911 shares of the company’s stock valued at $2,164,000 after acquiring an additional 5,017 shares during the last quarter. Aristides Capital LLC raised its holdings in Where Food Comes From by 4.2% in the 4th quarter. Aristides Capital LLC now owns 32,551 shares of the company’s stock valued at $374,000 after acquiring an additional 1,300 shares during the last quarter. Finally, Cetera Investment Advisers acquired a new stake in Where Food Comes From in the 4th quarter valued at about $152,000. 18.84% of the stock is owned by hedge funds and other institutional investors.
Where Food Comes From Company Profile
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.