Innovative Food (OTCMKTS:IVFH) Stock Price Crosses Above 50 Day Moving Average – Time to Sell?

Innovative Food Holdings, Inc. (OTCMKTS:IVFH)’s share price passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $0.40 and traded as high as $0.4655. Innovative Food shares last traded at $0.46, with a volume of 26,726 shares trading hands.

Innovative Food Price Performance

The stock’s 50-day simple moving average is $0.40 and its 200 day simple moving average is $0.58.

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

About Innovative Food

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.