Where Food Comes From (NASDAQ:WFCF) Stock Price Crosses Below 200-Day Moving Average of $12.97

Where Food Comes From, Inc. (NASDAQ:WFCF) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $12.97 and traded as low as $12.00. Where Food Comes From shares last traded at $12.00, with a volume of 775 shares changing hands.

Where Food Comes From Trading Up 0.8 %

The stock has a market cap of $65.76 million, a PE ratio of 31.58 and a beta of 0.63. The business has a 50 day moving average of $11.91 and a 200-day moving average of $12.97.

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

Institutional Inflows and Outflows

An institutional investor recently raised its position in Where Food Comes From stock. Bard Associates Inc. lifted its holdings in shares of Where Food Comes From, Inc. (NASDAQ:WFCF) by 3.5% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 45,150 shares of the company’s stock after buying an additional 1,535 shares during the period. Bard Associates Inc. owned approximately 0.81% of Where Food Comes From worth $612,000 at the end of the most recent quarter. Hedge funds and other institutional investors 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.