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

Where Food Comes From, Inc. (NASDAQ:WFCF)’s share price 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 traded.

Where Food Comes From Stock Performance

The stock’s fifty day moving average price is $12.08 and its two-hundred day moving average price is $13.04. The company has a market cap of $65.21 million, a P/E ratio of 31.32 and a beta of 0.63.

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

Institutional Investors Weigh In On Where Food Comes From

Large investors have recently modified their holdings of the company. Vanguard Group Inc. raised its holdings in shares of Where Food Comes From by 41.6% in the fourth quarter. Vanguard Group Inc. now owns 156,260 shares of the company’s stock valued at $2,117,000 after purchasing an additional 45,868 shares during the last quarter. Geode Capital Management LLC increased its holdings 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 last quarter. Northern Trust Corp purchased a new stake in Where Food Comes From during the fourth quarter worth about $142,000. Finally, Bard Associates Inc. increased its holdings 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 last quarter. 18.84% of the stock is currently owned by institutional investors and hedge funds.

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.