G. Willi-Food International (NASDAQ:WILC) Shares Cross Above 200 Day Moving Average – Time to Sell?

G. Willi-Food International, Ltd. (NASDAQ:WILC) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $30.39 and traded as high as $32.60. G. Willi-Food International shares last traded at $29.60, with a volume of 108,765 shares traded.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of G. Willi-Food International in a research note on Friday, June 26th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock presently has an average rating of “Hold”.

G. Willi-Food International Trading Down 1.9%

The firm has a market capitalization of $412.33 million, a P/E ratio of 14.87 and a beta of 1.07. The firm has a 50-day moving average of $33.40 and a two-hundred day moving average of $30.39.

G. Willi-Food International (NASDAQ:WILC) last released its quarterly earnings data on Tuesday, May 26th. The company reported $0.46 earnings per share for the quarter. G. Willi-Food International had a return on equity of 14.12% and a net margin of 14.51%.The business had revenue of $49.70 million for the quarter.

Institutional Investors Weigh In On G. Willi-Food International

A number of hedge funds have recently made changes to their positions in the stock. Y.D. More Investments Ltd grew its holdings in shares of G. Willi-Food International by 3,072.6% during the 1st quarter. Y.D. More Investments Ltd now owns 68,750 shares of the company’s stock valued at $1,751,000 after purchasing an additional 66,583 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in G. Willi-Food International by 408.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 10,903 shares of the company’s stock valued at $220,000 after purchasing an additional 8,757 shares during the last quarter. Noked Israel Ltd bought a new position in G. Willi-Food International in the 4th quarter valued at approximately $230,000. Geode Capital Management LLC bought a new position in G. Willi-Food International in the 4th quarter valued at approximately $203,000. Finally, Acadian Asset Management LLC acquired a new stake in G. Willi-Food International in the first quarter valued at approximately $50,000. 9.45% of the stock is currently owned by institutional investors and hedge funds.

About G. Willi-Food International

G. Willi-Food International, Inc is a specialty food manufacturer based in Porterville, California, that develops, produces and distributes a variety of seasoned and roasted nut products, trail mixes and snack foods. The company serves both retail and foodservice channels through branded and private-label offerings, catering to grocery chains, club stores, convenience outlets, airlines, hotels, universities and restaurants throughout North America.

Founded in 1977, G. Willi-Food has expanded from a single roasting line to multiple production facilities in California, supported by satellite distribution centers to ensure efficient delivery and inventory management.