G. Willi-Food International (NASDAQ:WILC) Share Price Passes Above Two Hundred Day Moving Average – Here’s Why

G. Willi-Food International, Ltd. (NASDAQ:WILC)’s stock price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $22.06 and traded as high as $29.24. G. Willi-Food International shares last traded at $29.24, with a volume of 4,531 shares changing hands.

Analysts Set New Price Targets

A number of analysts have recently commented on WILC shares. Wall Street Zen cut G. Willi-Food International from a “strong-buy” rating to a “buy” rating in a research note on Friday, September 26th. Weiss Ratings restated a “hold (c)” rating on shares of G. Willi-Food International in a report on Monday, December 29th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, G. Willi-Food International currently has an average rating of “Hold”.

G. Willi-Food International Stock Performance

The company has a 50-day moving average of $25.34 and a 200-day moving average of $22.06. The firm has a market capitalization of $405.68 million, a price-to-earnings ratio of 15.55 and a beta of 0.85.

G. Willi-Food International (NASDAQ:WILC) last announced its quarterly earnings results on Monday, November 17th. The company reported $0.41 earnings per share for the quarter. The firm had revenue of $45.47 million for the quarter. G. Willi-Food International had a net margin of 15.73% and a return on equity of 15.03%.

Hedge Funds Weigh In On G. Willi-Food International

A number of large investors have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its holdings in shares of G. Willi-Food International by 786.8% in the second quarter. JPMorgan Chase & Co. now owns 2,146 shares of the company’s stock valued at $40,000 after purchasing an additional 1,904 shares in the last quarter. Acadian Asset Management LLC bought a new stake in G. Willi-Food International in the 1st quarter valued at approximately $50,000. Finally, World Equity Group Inc. acquired a new position in G. Willi-Food International during the 3rd quarter worth approximately $287,000. Institutional investors own 9.45% of the company’s stock.

G. Willi-Food International Company Profile

G. Willi-Food International, Inc is a specialty food manufacturer based in Porterville, California, that develops, produces and distributes a variety of seasoned and roasted nut products, trail mixes and snack foods. The company serves both retail and foodservice channels through branded and private-label offerings, catering to grocery chains, club stores, convenience outlets, airlines, hotels, universities and restaurants throughout North America.

Founded in 1977, G. Willi-Food has expanded from a single roasting line to multiple production facilities in California, supported by satellite distribution centers to ensure efficient delivery and inventory management.