Where Food Comes From Inc. (OTCMKTS:WFCF) was upgraded by analysts at ValuEngine from a “sell” rating to a “hold” rating in a report issued on Friday.

Where Food Comes From (OTCMKTS:WFCF) remained flat at $2.54 during trading on Friday. The company had a trading volume of 9,704 shares. Where Food Comes From has a 12 month low of $1.83 and a 12 month high of $2.70. The firm’s 50-day moving average is $2.21 and its 200-day moving average is $2.08. The firm has a market cap of $62.60 million, a price-to-earnings ratio of 133.68 and a beta of 2.39.

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In other news, Director Michael Duane Smith sold 22,800 shares of the company’s stock in a transaction that occurred on Thursday, May 11th. The shares were sold at an average price of $2.01, for a total value of $45,828.00. Following the completion of the transaction, the director now owns 2,473,530 shares in the company, valued at $4,971,795.30. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 53.30% of the stock is owned by corporate insiders.

About Where Food Comes From

Where Food Comes From, Inc is a provider of verification and certification solutions for the agriculture, livestock and food industry. The Company is a resource for third-party verification of food production practices in North America. The Where Food Comes From labeling program offers food retailers and restaurants a means of connecting consumers to information on where and how the food they purchase has been grown or raised.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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