Where Food Comes From Inc. (WFCF) Lifted to “Hold” at ValuEngine
Where Food Comes From Inc. (OTCMKTS:WFCF) was upgraded by equities researchers at ValuEngine from a “sell” rating to a “hold” rating in a research note issued to investors on Friday.
Where Food Comes From (OTCMKTS WFCF) traded down 2.22% during mid-day trading on Friday, reaching $2.20. The company had a trading volume of 500 shares. Where Food Comes From has a one year low of $1.83 and a one year high of $2.69. The company has a market capitalization of $54.91 million, a P/E ratio of 146.67 and a beta of 2.25. The stock has a 50 day moving average price of $2.30 and a 200 day moving average price of $2.22.
Where Food Comes From (OTCMKTS:WFCF) last posted its earnings results on Thursday, August 3rd. The company reported $0.00 EPS for the quarter. Where Food Comes From had a net margin of 2.73% and a return on equity of 3.85%. The firm had revenue of $3.50 million for the quarter. On average, equities analysts expect that Where Food Comes From will post $0.02 earnings per share for the current fiscal year.
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About Where Food Comes From
Where Food Comes From, Inc is a provider of verification and certification solutions for the agriculture, livestock and food industry. The Company is a resource for third-party verification of food production practices in North America. The Where Food Comes From labeling program offers food retailers and restaurants a means of connecting consumers to information on where and how the food they purchase has been grown or raised.
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