Where Food Comes From (NASDAQ:WFCF) Stock Price Crosses Above Fifty Day Moving Average – Here’s What Happened

Where Food Comes From, Inc. (NASDAQ:WFCF) passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $11.83 and traded as high as $12.95. Where Food Comes From shares last traded at $12.95, with a volume of 1,989 shares trading hands.

Where Food Comes From Stock Up 1.8 %

The company’s 50-day moving average is $11.83 and its 200-day moving average is $11.42. The stock has a market cap of $68.34 million, a price-to-earnings ratio of 37.00 and a beta of 0.55.

Hedge Funds Weigh In On Where Food Comes From

Several institutional investors have recently bought and sold shares of WFCF. Bard Associates Inc. increased its stake in shares of Where Food Comes From by 22.6% in the 3rd quarter. Bard Associates Inc. now owns 60,221 shares of the company’s stock valued at $649,000 after buying an additional 11,106 shares during the period. Geode Capital Management LLC boosted its stake in shares of Where Food Comes From by 23.8% in the 3rd quarter. Geode Capital Management LLC now owns 25,955 shares of the company’s stock valued at $280,000 after purchasing an additional 4,984 shares during the last quarter. Finally, Sanctuary Advisors LLC bought a new position in shares of Where Food Comes From in the 3rd quarter valued at about $2,223,000. Institutional investors own 18.84% of the company’s stock.

Where Food Comes From Company Profile

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.