G. Willi-Food International (NASDAQ:WILC) Shares Cross Above 200 Day Moving Average – Time to Sell?

Shares of G. Willi-Food International, Ltd. (NASDAQ:WILC) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $24.70 and traded as high as $28.31. G. Willi-Food International shares last traded at $27.86, with a volume of 3,764 shares trading hands.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on WILC. Weiss Ratings reiterated a “hold (c)” rating on shares of G. Willi-Food International in a research note on Monday, December 29th. Wall Street Zen upgraded shares of G. Willi-Food International to a “hold” rating in a research report on Saturday, January 10th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company has an average rating of “Hold”.

G. Willi-Food International Stock Performance

The company has a market capitalization of $388.09 million, a price-to-earnings ratio of 14.82 and a beta of 0.85. The firm has a fifty day moving average price of $28.60 and a 200-day moving average price of $24.70.

Hedge Funds Weigh In On G. Willi-Food International

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Noked Israel Ltd bought a new stake in shares of G. Willi-Food International during the 4th quarter worth approximately $230,000. Geode Capital Management LLC bought a new position in G. Willi-Food International in the fourth quarter valued at approximately $203,000. JPMorgan Chase & Co. raised its position in G. Willi-Food International by 408.1% during the third quarter. JPMorgan Chase & Co. now owns 10,903 shares of the company’s stock valued at $220,000 after purchasing an additional 8,757 shares in the last quarter. World Equity Group Inc. acquired a new position in G. Willi-Food International during the third quarter valued at approximately $287,000. Finally, Acadian Asset Management LLC bought a new stake in G. Willi-Food International during the first quarter worth $50,000. 9.45% of the stock is currently 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.