Innovative Food (OTCMKTS:IVFH) Share Price Passes Above Fifty Day Moving Average – Here’s Why

Innovative Food Holdings, Inc. (OTCMKTS:IVFH)’s share price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $0.38 and traded as high as $0.4136. Innovative Food shares last traded at $0.40, with a volume of 236,818 shares trading hands.

Innovative Food Price Performance

The company has a 50-day simple moving average of $0.38 and a 200-day simple moving average of $0.72.

Innovative Food (OTCMKTS:IVFH) last released its quarterly earnings data on Friday, November 14th. The company reported $0.01 EPS for the quarter. The company had revenue of $16.42 million for the quarter.

Innovative Food Company Profile

Innovative Food Holdings, Inc, through its subsidiaries, distributes specialty food and food related products to restaurants, hotels, country clubs, national chain accounts, casinos, hospitals, and catering houses in the United States. The company distributes perishable and specialty food and food related products, including origin-specific seafood, domestic and imported meats, exotic game and poultry, artisanal cheeses, freshly prepared meals, caviar, wild and cultivated mushrooms, micro-greens, organic farmed and manufactured food products, estate-bottled olive oils and aged vinegars, and curated food gift baskets and gift boxes, as well as a full range of food subscription based offerings.