Where Food Comes From (NASDAQ:WFCF) Stock Passes Above 50-Day Moving Average – Should You Sell?

Shares of Where Food Comes From Inc. (NASDAQ:WFCF) passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $12.40 and traded as high as $12.61. Where Food Comes From shares last traded at $12.3760, with a volume of 2,025 shares traded.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Where Food Comes From in a report on Wednesday, January 21st. One research analyst has rated the stock with a Hold rating, According to MarketBeat, the company currently has an average rating of “Hold”.

Where Food Comes From Stock Up 1.4%

The company has a 50 day simple moving average of $12.40 and a two-hundred day simple moving average of $12.13. The company has a market capitalization of $62.50 million, a P/E ratio of 41.25 and a beta of 0.19.

Where Food Comes From (NASDAQ:WFCF) last issued its quarterly earnings data on Thursday, February 26th. The company reported ($0.04) earnings per share for the quarter. Where Food Comes From had a return on equity of 15.69% and a net margin of 6.17%.The company had revenue of $6.04 million for the quarter.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of WFCF. Vanguard Group Inc. grew its stake in shares of Where Food Comes From by 3.2% during the third quarter. Vanguard Group Inc. now owns 160,911 shares of the company’s stock valued at $2,164,000 after buying an additional 5,017 shares during the last quarter. Aristides Capital LLC grew its stake in shares of Where Food Comes From by 4.2% during the fourth quarter. Aristides Capital LLC now owns 32,551 shares of the company’s stock valued at $374,000 after buying an additional 1,300 shares during the last quarter. Finally, Cetera Investment Advisers bought a new position in shares of Where Food Comes From during the fourth quarter valued at approximately $152,000. Institutional investors own 18.84% of the company’s stock.

About Where Food Comes From

Where Food Comes From, Inc (NASDAQ: WFCF) is a food traceability and certification company headquartered in Caldwell, Idaho. Established from a ranch-to-plate verification program launched in 2005, the company now offers a suite of services designed to authenticate product attributes, verify production claims and enhance supply-chain transparency for agricultural producers and food brands.

The company’s core offerings include third-party certification audits, program development, on-farm risk assessments and digital traceability solutions.