Where Food Comes From (NASDAQ:WFCF) Stock Price Crosses Below Two Hundred Day Moving Average of $13.06

Where Food Comes From, Inc. (NASDAQ:WFCF)’s share price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $13.06 and traded as low as $11.46. Where Food Comes From shares last traded at $12.00, with a volume of 5,564 shares.

Where Food Comes From Trading Up 4.3 %

The stock has a 50 day simple moving average of $12.15 and a 200 day simple moving average of $13.06. The stock has a market cap of $65.76 million, a P/E ratio of 31.58 and a beta of 0.63.

Where Food Comes From (NASDAQ:WFCF) last issued its quarterly earnings results on Thursday, February 15th. The company reported $0.14 earnings per share (EPS) for the quarter. Where Food Comes From had a return on equity of 19.40% and a net margin of 8.56%. The company had revenue of $6.73 million for the quarter.

Hedge Funds Weigh In On Where Food Comes From

Hedge funds and other institutional investors have recently modified their holdings of the business. Northern Trust Corp bought a new position in shares of Where Food Comes From in the 4th quarter valued at $142,000. Geode Capital Management LLC increased its stake in shares of Where Food Comes From by 39.8% in the 4th quarter. Geode Capital Management LLC now owns 16,868 shares of the company’s stock valued at $235,000 after purchasing an additional 4,802 shares during the last quarter. Bard Associates Inc. increased its stake in shares of Where Food Comes From by 3.5% in the 4th quarter. Bard Associates Inc. now owns 45,150 shares of the company’s stock valued at $612,000 after purchasing an additional 1,535 shares during the last quarter. Finally, Vanguard Group Inc. boosted its holdings in shares of Where Food Comes From by 4.2% during the 1st quarter. Vanguard Group Inc. now owns 68,560 shares of the company’s stock valued at $785,000 after acquiring an additional 2,740 shares in the last quarter. Institutional investors 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.