Where Food Comes From (NASDAQ:WFCF) Shares Pass Below 200-Day Moving Average of $12.87

Where Food Comes From, Inc. (NASDAQ:WFCF) shares passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $12.87 and traded as low as $11.70. Where Food Comes From shares last traded at $11.70, with a volume of 1,048 shares.

Where Food Comes From Trading Up 0.1 %

The business’s fifty day moving average price is $11.68 and its two-hundred day moving average price is $12.87. The firm has a market cap of $62.90 million, a P/E ratio of 30.00 and a beta of 0.57.

Where Food Comes From (NASDAQ:WFCF) last posted its earnings results on Thursday, February 15th. The company reported $0.14 earnings per share for the quarter. The company had revenue of $6.73 million for the quarter. Where Food Comes From had a return on equity of 20.76% and a net margin of 8.68%.

Hedge Funds Weigh In On Where Food Comes From

An institutional investor recently raised its position in Where Food Comes From stock. Bard Associates Inc. increased its position in shares of Where Food Comes From, Inc. (NASDAQ:WFCF) by 3.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 45,150 shares of the company’s stock after buying an additional 1,535 shares during the period. Bard Associates Inc. owned 0.81% of Where Food Comes From worth $612,000 at the end of the most recent reporting period. 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.