G. Willi-Food International (NASDAQ:WILC) Shares Cross Above Two Hundred Day Moving Average – Here’s What Happened

G. Willi-Food International, Ltd. (NASDAQ:WILC)’s share price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $17.34 and traded as high as $21.32. G. Willi-Food International shares last traded at $21.16, with a volume of 17,108 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded shares of G. Willi-Food International from a “hold” rating to a “strong-buy” rating in a research note on Saturday, August 16th.

G. Willi-Food International Stock Down 4.0%

The company has a market capitalization of $293.49 million, a price-to-earnings ratio of 11.32 and a beta of 0.90. The business’s 50-day moving average is $20.11 and its 200-day moving average is $17.34.

G. Willi-Food International (NASDAQ:WILC) last posted its earnings results on Tuesday, August 12th. The company reported $0.61 earnings per share (EPS) for the quarter. The company had revenue of $44.83 million during the quarter. G. Willi-Food International had a net margin of 16.07% and a return on equity of 15.70%.

G. Willi-Food International Cuts Dividend

The firm also recently announced a — dividend, which will be paid on Thursday, September 4th. Investors of record on Monday, August 25th will be given a dividend of $0.42 per share. The ex-dividend date is Monday, August 25th. This represents a yield of 90.0%. G. Willi-Food International’s payout ratio is currently 31.02%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Northern Trust Corp purchased a new stake in shares of G. Willi-Food International during the 4th quarter worth about $521,000. JPMorgan Chase & Co. boosted its stake in shares of G. Willi-Food International by 786.8% during the 2nd quarter. JPMorgan Chase & Co. now owns 2,146 shares of the company’s stock worth $40,000 after acquiring an additional 1,904 shares in the last quarter. Finally, Acadian Asset Management LLC purchased a new stake in shares of G. Willi-Food International during the 1st quarter worth about $50,000. Institutional investors and hedge funds own 9.45% of the company’s stock.

G. Willi-Food International Company Profile

G. Willi-Food International Ltd. designs, imports, markets, and distributes food products worldwide. The company offers mushrooms, artichoke, beans, asparagus, capers, corn kernels, baby corn, palm hearts, vine leaves, sour pickles, mixed pickled vegetables, pickled peppers, olives, garlic, roasted eggplant sun, and dried tomatoes; and canned fish comprising tuna, sardine, anchovies, smoked and pressed cod liver, herring, fish paste, and salmon products.