Innovative Food (OTCMKTS:IVFH) Stock Crosses Above 50 Day Moving Average – Here’s What Happened

Innovative Food Holdings, Inc. (OTCMKTS:IVFH)’s share price crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $1.43 and traded as high as $1.62. Innovative Food shares last traded at $1.60, with a volume of 105,640 shares changing hands.

Innovative Food Trading Up 3.8 %

The stock’s 50-day moving average is $1.44 and its 200-day moving average is $1.31.

Innovative Food (OTCMKTS:IVFH) last announced its quarterly earnings results on Wednesday, August 14th. The company reported $0.01 EPS for the quarter. The firm had revenue of $16.66 million during the quarter.

Innovative Food Company Profile

Innovative Food Holdings, Inc, through its subsidiaries, distributes specialty food and food related products to restaurants, hotels, country clubs, national chain accounts, casinos, hospitals, and catering houses in the United States. The company distributes perishable and specialty food and food related products, including origin-specific seafood, domestic and imported meats, exotic game and poultry, artisanal cheeses, freshly prepared meals, caviar, wild and cultivated mushrooms, micro-greens, organic farmed and manufactured food products, estate-bottled olive oils and aged vinegars, and curated food gift baskets and gift boxes, as well as a full range of food subscription based offerings.