Where Food Comes From (NASDAQ:WFCF) Share Price Crosses Above Fifty Day Moving Average – Should You Sell?

Where Food Comes From Inc. (NASDAQ:WFCF) passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $11.67 and traded as high as $11.74. Where Food Comes From shares last traded at $11.71, with a volume of 652 shares traded.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Where Food Comes From in a report on Wednesday, January 21st. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, Where Food Comes From presently has a consensus rating of “Hold”.

Where Food Comes From Stock Up 0.8%

The firm has a market cap of $59.14 million, a price-to-earnings ratio of 39.03 and a beta of 0.21. The stock’s 50 day moving average is $11.67 and its 200 day moving average is $12.19.

Where Food Comes From (NASDAQ:WFCF) last released its earnings results on Thursday, February 26th. The company reported ($0.04) earnings per share for the quarter. The firm had revenue of $6.04 million during the quarter. Where Food Comes From had a return on equity of 15.69% and a net margin of 6.17%.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Vanguard Group Inc. grew its holdings in Where Food Comes From by 3.2% during the third quarter. Vanguard Group Inc. now owns 160,911 shares of the company’s stock worth $2,164,000 after acquiring an additional 5,017 shares during the period. Aristides Capital LLC lifted its holdings in Where Food Comes From by 4.2% in the 4th quarter. Aristides Capital LLC now owns 32,551 shares of the company’s stock valued at $374,000 after acquiring an additional 1,300 shares during the last quarter. Finally, Cetera Investment Advisers bought a new position in shares of Where Food Comes From during the 4th quarter valued at about $152,000. Institutional investors own 18.84% of the company’s stock.

About Where Food Comes From

Where Food Comes From, Inc (NASDAQ: WFCF) is a food traceability and certification company headquartered in Caldwell, Idaho. Established from a ranch-to-plate verification program launched in 2005, the company now offers a suite of services designed to authenticate product attributes, verify production claims and enhance supply-chain transparency for agricultural producers and food brands.

The company’s core offerings include third-party certification audits, program development, on-farm risk assessments and digital traceability solutions.