Where Food Comes From (NASDAQ:WFCF) Shares Cross Above Fifty Day Moving Average – Should You Sell?

Where Food Comes From Inc. (NASDAQ:WFCF) passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $11.39 and traded as high as $12.30. Where Food Comes From shares last traded at $12.50, with a volume of 14,717 shares trading hands.

Where Food Comes From Stock Up 4.1%

The business’s fifty day moving average is $11.39 and its 200 day moving average is $11.14. The stock has a market cap of $64.60 million, a PE ratio of 32.04 and a beta of 0.62.

Where Food Comes From (NASDAQ:WFCF) last posted its quarterly earnings results on Thursday, August 7th. The company reported $0.11 earnings per share (EPS) for the quarter. The company had revenue of $6.56 million during the quarter. Where Food Comes From had a net margin of 7.99% and a return on equity of 18.22%.

Institutional Trading of Where Food Comes From

An institutional investor recently bought a new position in Where Food Comes From stock. Northern Trust Corp purchased a new stake in Where Food Comes From Inc. (NASDAQ:WFCF) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 14,844 shares of the company’s stock, valued at approximately $197,000. Northern Trust Corp owned approximately 0.28% of Where Food Comes From as of its most recent SEC filing. Institutional investors and hedge funds own 18.84% of the company’s stock.

About Where Food Comes From

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.