Where Food Comes From (NASDAQ:WFCF) Shares Cross Below Two Hundred Day Moving Average of $12.97

Where Food Comes From, Inc. (NASDAQ:WFCF) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $12.97 and traded as low as $12.00. Where Food Comes From shares last traded at $12.00, with a volume of 775 shares changing hands.

Where Food Comes From Stock Up 0.8 %

The stock has a market cap of $65.76 million, a PE ratio of 31.58 and a beta of 0.63. The company’s fifty day moving average is $11.91 and its 200 day moving average is $12.97.

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

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Where Food Comes From stock. Bard Associates Inc. lifted its stake in shares of Where Food Comes From, Inc. (NASDAQ:WFCF) by 3.5% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 45,150 shares of the company’s stock after buying an additional 1,535 shares during the quarter. Bard Associates Inc. owned 0.81% of Where Food Comes From worth $612,000 as of its most recent filing with the SEC. 18.84% of the stock is currently owned by institutional investors.

About Where Food Comes From

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.