Where Food Comes From (NASDAQ:WFCF) Share Price Passes Below 200-Day Moving Average – Should You Sell?

Where Food Comes From, Inc. (NASDAQ:WFCF)’s share price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $11.45 and traded as low as $10.60. Where Food Comes From shares last traded at $11.00, with a volume of 11,626 shares traded.

Where Food Comes From Stock Performance

The business has a fifty day simple moving average of $10.95 and a 200 day simple moving average of $11.44. The stock has a market cap of $60.43 million, a price-to-earnings ratio of 28.46 and a beta of 0.52.

Where Food Comes From (NASDAQ:WFCF) last announced its quarterly earnings data on Thursday, August 8th. The company reported $0.09 earnings per share (EPS) for the quarter. Where Food Comes From had a net margin of 8.42% and a return on equity of 21.08%. The business had revenue of $6.40 million for the quarter.

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.