Where Food Comes From (NASDAQ:WFCF) Share Price Crosses Above 50 Day Moving Average of $12.11

Where Food Comes From, Inc. (NASDAQ:WFCF) shares passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $12.11 and traded as high as $12.89. Where Food Comes From shares last traded at $12.20, with a volume of 9,480 shares trading hands.

Where Food Comes From Stock Down 0.4 %

The stock has a market capitalization of $65.64 million, a PE ratio of 31.28 and a beta of 0.51. The business’s 50-day moving average is $12.11 and its two-hundred day moving average is $12.62.

Where Food Comes From (NASDAQ:WFCF) last announced its quarterly earnings results on Thursday, May 2nd. The company reported $0.03 earnings per share for the quarter. Where Food Comes From had a net margin of 8.68% and a return on equity of 20.76%. The firm had revenue of $5.58 million during the quarter.

Institutional Investors Weigh In On Where Food Comes From

An institutional investor recently raised its position in Where Food Comes From stock. Bard Associates Inc. grew its holdings in Where Food Comes From, Inc. (NASDAQ:WFCF) by 3.5% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 45,150 shares of the company’s stock after buying an additional 1,535 shares during the period. Bard Associates Inc. owned 0.81% of Where Food Comes From worth $612,000 at the end of the most recent reporting period. 18.84% of the stock is currently owned by institutional investors and hedge funds.

Where Food Comes From Company Profile

Where Food Comes From, Inc, together with its subsidiaries, operates as a third-party food verification company in North America. The company operates through Verification and Certification, and Professional Services segments. It conducts on-site and desk audits to verify that claims being made about livestock, food, other specialty crops, and agricultural and aquaculture products are accurate, as well as offers Where Food Comes From Source Verified retail and restaurant labeling program, which connects consumers directly to the source of the food they purchase through product labeling, and web-based information sharing and education.