Where Food Comes From (NASDAQ:WFCF) Shares Pass Below 200 Day Moving Average of $13.06

Shares of Where Food Comes From, Inc. (NASDAQ:WFCF) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $13.06 and traded as low as $11.46. Where Food Comes From shares last traded at $12.00, with a volume of 5,564 shares changing hands.

Where Food Comes From Stock Down 0.8 %

The business’s fifty day moving average is $12.08 and its two-hundred day moving average is $13.04. The stock has a market capitalization of $65.21 million, a PE ratio of 31.32 and a beta of 0.63.

Where Food Comes From (NASDAQ:WFCF) last posted its earnings results on Thursday, February 15th. The company reported $0.14 earnings per share for the quarter. Where Food Comes From had a net margin of 8.56% and a return on equity of 19.40%. The firm had revenue of $6.73 million during the quarter.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Northern Trust Corp purchased a new position in Where Food Comes From during the fourth quarter worth $142,000. Geode Capital Management LLC boosted its stake in Where Food Comes From by 39.8% during the fourth quarter. Geode Capital Management LLC now owns 16,868 shares of the company’s stock worth $235,000 after buying an additional 4,802 shares during the period. Bard Associates Inc. boosted its stake in Where Food Comes From by 3.5% during the fourth quarter. Bard Associates Inc. now owns 45,150 shares of the company’s stock worth $612,000 after buying an additional 1,535 shares during the period. Finally, Vanguard Group Inc. boosted its stake in Where Food Comes From by 1.6% during the third quarter. Vanguard Group Inc. now owns 71,558 shares of the company’s stock worth $688,000 after buying an additional 1,111 shares during the period. 18.84% of the stock is owned by hedge funds and other institutional investors.

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.