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

G. Willi-Food International, Ltd. (NASDAQ:WILC)’s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $30.39 and traded as high as $32.60. G. Willi-Food International shares last traded at $29.60, with a volume of 108,765 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of G. Willi-Food International in a research report on Friday, June 26th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock has a consensus rating of “Hold”.

G. Willi-Food International Stock Down 1.9%

The firm has a market capitalization of $412.33 million, a P/E ratio of 14.87 and a beta of 1.07. The firm has a 50 day moving average of $33.40 and a 200-day moving average of $30.39.

G. Willi-Food International (NASDAQ:WILC) last posted its quarterly earnings data on Tuesday, May 26th. The company reported $0.46 EPS for the quarter. The firm had revenue of $49.70 million for the quarter. G. Willi-Food International had a return on equity of 14.12% and a net margin of 14.51%.

Institutional Trading of G. Willi-Food International

Several large investors have recently modified their holdings of WILC. JPMorgan Chase & Co. raised its stake in 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 acquired a new stake in G. Willi-Food International during the first quarter worth about $50,000. Geode Capital Management LLC acquired a new stake in G. Willi-Food International during the fourth quarter worth about $203,000. Noked Israel Ltd bought a new position in G. Willi-Food International in the 4th quarter valued at about $230,000. Finally, Y.D. More Investments Ltd increased its holdings in G. Willi-Food International by 3,072.6% in the 1st quarter. Y.D. More Investments Ltd now owns 68,750 shares of the company’s stock valued at $1,751,000 after buying an additional 66,583 shares during the period. 9.45% of the stock is owned by institutional investors and hedge funds.

About G. Willi-Food International

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.