G. Willi-Food International (NASDAQ:WILC) Stock Price Passes Above 200-Day Moving Average – Here’s What Happened

Shares of G. Willi-Food International, Ltd. (NASDAQ:WILC) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $17.81 and traded as high as $19.22. G. Willi-Food International shares last traded at $18.65, with a volume of 8,417 shares.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen upgraded G. Willi-Food International from a “buy” rating to a “strong-buy” rating in a research note on Sunday, September 7th.

G. Willi-Food International Stock Down 4.8%

The firm has a market cap of $258.68 million, a PE ratio of 9.97 and a beta of 0.84. The stock has a 50 day moving average price of $20.88 and a two-hundred day moving average price of $17.81.

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

G. Willi-Food International Cuts Dividend

The company also recently announced a — dividend, which was paid on Thursday, September 4th. Investors of record on Monday, August 25th were issued a dividend of $0.42 per share. The ex-dividend date of this dividend was Monday, August 25th. This represents a dividend yield of 90.0%. G. Willi-Food International’s payout ratio is 53.48%.

Institutional Investors Weigh In On G. Willi-Food International

A number of institutional investors and hedge funds have recently modified their holdings of WILC. JPMorgan Chase & Co. lifted its holdings in shares of G. Willi-Food International by 786.8% during the second quarter. JPMorgan Chase & Co. now owns 2,146 shares of the company’s stock worth $40,000 after purchasing an additional 1,904 shares during the period. Acadian Asset Management LLC acquired a new position in G. Willi-Food International in the first quarter valued at approximately $50,000. Finally, Northern Trust Corp acquired a new position in G. Willi-Food International in the fourth quarter valued at approximately $521,000. 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.