Where Food Comes From (NASDAQ:WFCF) Shares Pass Above 50-Day Moving Average – Here’s What Happened

Where Food Comes From Inc. (NASDAQ:WFCF)’s stock price passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $11.85 and traded as high as $13.75. Where Food Comes From shares last traded at $13.53, with a volume of 444 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “hold (c)” rating on shares of Where Food Comes From in a research note on Wednesday, January 21st. One 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 Price Performance

The business has a fifty day moving average of $11.85 and a 200 day moving average of $12.20. The stock has a market cap of $68.33 million, a PE ratio of 45.10 and a beta of 0.21.

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

Institutional Trading of Where Food Comes From

Several institutional investors have recently added to or reduced their stakes in the stock. Cetera Investment Advisers acquired a new position in Where Food Comes From during the 4th quarter worth $152,000. Aristides Capital LLC raised its stake in shares of Where Food Comes From by 4.2% in the 4th quarter. Aristides Capital LLC now owns 32,551 shares of the company’s stock valued at $374,000 after purchasing an additional 1,300 shares in the last quarter. Finally, Vanguard Group Inc. lifted its position 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 worth $2,164,000 after purchasing an additional 5,017 shares during the last quarter. 18.84% of the stock is owned by institutional investors and hedge funds.

Where Food Comes From Company Profile

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.