Where Food Comes From (NASDAQ:WFCF) Stock Crosses Above 50-Day Moving Average – Should You Sell?

Where Food Comes From Inc. (NASDAQ:WFCF) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $12.48 and traded as high as $13.14. Where Food Comes From shares last traded at $12.8650, with a volume of 639 shares.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings raised Where Food Comes From from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday, June 30th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company has a consensus rating of “Hold”.

Where Food Comes From Stock Performance

The firm has a market capitalization of $62.60 million, a price-to-earnings ratio of 40.06 and a beta of 0.08. The business’s 50-day moving average is $12.48 and its two-hundred day moving average is $12.13.

Where Food Comes From (NASDAQ:WFCF) last issued its quarterly earnings data on Thursday, May 14th. The company reported $0.02 EPS for the quarter. Where Food Comes From had a return on equity of 16.48% and a net margin of 6.39%.The business had revenue of $5.37 million for the quarter.

Institutional Trading of Where Food Comes From

Several hedge funds have recently bought and sold shares of the stock. Cetera Investment Advisers boosted its holdings in shares of Where Food Comes From by 93.1% in the first quarter. Cetera Investment Advisers now owns 25,470 shares of the company’s stock valued at $339,000 after buying an additional 12,282 shares during the period. Aristides Capital LLC lifted its position 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 in the last quarter. Vanguard Group Inc. boosted its position in shares of 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 buying an additional 5,017 shares during the period. Finally, Western Wealth Management LLC acquired a new position in Where Food Comes From during the 1st quarter worth approximately $29,000. 18.84% of the stock is currently owned by institutional investors and hedge funds.

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.