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

Where Food Comes From, Inc. (NASDAQ:WFCFGet Free Report)’s share price crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $12.07 and traded as low as $11.45. Where Food Comes From shares last traded at $12.00, with a volume of 3,171 shares.

Where Food Comes From Stock Up 1.7 %

The business’s 50-day moving average is $12.07 and its 200-day moving average is $11.44. The company has a market capitalization of $63.32 million, a price-to-earnings ratio of 34.29 and a beta of 0.52.

Institutional Trading of Where Food Comes From

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Sanctuary Advisors LLC purchased a new position in Where Food Comes From in the third quarter valued at $2,223,000. Geode Capital Management LLC boosted its position in Where Food Comes From by 23.8% during the third quarter. Geode Capital Management LLC now owns 25,955 shares of the company’s stock worth $280,000 after purchasing an additional 4,984 shares in the last quarter. Finally, Bard Associates Inc. grew its holdings in Where Food Comes From by 22.6% in the third quarter. Bard Associates Inc. now owns 60,221 shares of the company’s stock valued at $649,000 after purchasing an additional 11,106 shares during the period. 18.84% of the stock is owned by institutional investors and hedge funds.

About Where Food Comes From

(Get Free Report)

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.

Further Reading

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