G. Willi-Food International (NASDAQ:WILC) Shares Cross Above 200 Day Moving Average – Here’s Why

G. Willi-Food International, Ltd. (NASDAQ:WILC)’s stock price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $30.39 and traded as high as $32.60. G. Willi-Food International shares last traded at $29.60, with a volume of 108,765 shares traded.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of G. Willi-Food International in a research note on Friday, June 26th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, G. Willi-Food International presently has a consensus rating of “Hold”.

G. Willi-Food International Stock Performance

The company has a market capitalization of $419.15 million, a P/E ratio of 15.12 and a beta of 1.07. The company’s fifty day simple moving average is $33.30 and its 200-day simple moving average is $30.38.

G. Willi-Food International (NASDAQ:WILC) last posted its quarterly earnings results on Tuesday, May 26th. The company reported $0.46 EPS for the quarter. G. Willi-Food International had a net margin of 14.51% and a return on equity of 14.12%. The business had revenue of $49.70 million during the quarter.

Institutional Trading of G. Willi-Food International

A number of hedge funds have recently bought and sold shares of the stock. JPMorgan Chase & Co. increased its holdings in shares of G. Willi-Food International by 786.8% in the 2nd quarter. JPMorgan Chase & Co. now owns 2,146 shares of the company’s stock valued at $40,000 after acquiring an additional 1,904 shares during the period. Acadian Asset Management LLC purchased a new stake in shares of G. Willi-Food International during the 1st quarter worth $50,000. Geode Capital Management LLC bought a new stake in G. Willi-Food International during the fourth quarter valued at about $203,000. Noked Israel Ltd bought a new stake in G. Willi-Food International during the fourth quarter valued at about $230,000. Finally, Y.D. More Investments Ltd boosted its position in G. Willi-Food International by 3,072.6% during the first quarter. Y.D. More Investments Ltd now owns 68,750 shares of the company’s stock valued at $1,751,000 after purchasing an additional 66,583 shares in the last quarter. Hedge funds and other institutional investors own 9.45% of the company’s stock.

G. Willi-Food International Company Profile

G. Willi-Food International, Inc is a specialty food manufacturer based in Porterville, California, that develops, produces and distributes a variety of seasoned and roasted nut products, trail mixes and snack foods. The company serves both retail and foodservice channels through branded and private-label offerings, catering to grocery chains, club stores, convenience outlets, airlines, hotels, universities and restaurants throughout North America.

Founded in 1977, G. Willi-Food has expanded from a single roasting line to multiple production facilities in California, supported by satellite distribution centers to ensure efficient delivery and inventory management.