Where Food Comes From (NASDAQ:WFCF) Stock Crosses Above Fifty Day Moving Average – Here’s What Happened

Shares of Where Food Comes From Inc. (NASDAQ:WFCF) passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $11.61 and traded as high as $12.14. Where Food Comes From shares last traded at $12.04, with a volume of 435 shares trading hands.

Analyst Ratings Changes

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

Where Food Comes From Trading Down 0.8%

The business’s 50 day moving average price is $11.61 and its two-hundred day moving average price is $12.19. The stock has a market cap of $60.78 million, a P/E ratio of 40.13 and a beta of 0.21.

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

Institutional Investors Weigh In On Where Food Comes From

Several hedge funds have recently made changes to their positions in WFCF. Aristides Capital LLC grew its stake in Where Food Comes From by 4.2% in the fourth quarter. Aristides Capital LLC now owns 32,551 shares of the company’s stock worth $374,000 after purchasing an additional 1,300 shares during the period. Cetera Investment Advisers purchased a new position in Where Food Comes From during the fourth quarter valued at $152,000. Finally, Vanguard Group Inc. boosted its holdings in shares of Where Food Comes From by 3.2% during the 3rd 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 in the last quarter. 18.84% of the stock is currently owned by institutional investors.

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.