G. Willi-Food International (NASDAQ:WILC) Stock Price Passes Above Two Hundred Day Moving Average – Here’s What Happened

G. Willi-Food International, Ltd. (NASDAQ:WILC)’s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $21.46 and traded as high as $29.32. G. Willi-Food International shares last traded at $29.32, with a volume of 29,859 shares.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on WILC shares. Weiss Ratings reissued a “hold (c)” rating on shares of G. Willi-Food International in a research note on Monday, December 22nd. Wall Street Zen lowered G. Willi-Food International from a “strong-buy” rating to a “buy” rating in a research report on Friday, September 26th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Hold”.

G. Willi-Food International Price Performance

The firm has a market cap of $406.67 million, a price-to-earnings ratio of 15.60 and a beta of 0.88. The company’s 50 day simple moving average is $24.32 and its 200 day simple moving average is $21.50.

G. Willi-Food International (NASDAQ:WILC) last released its earnings results on Monday, November 17th. The company reported $0.41 EPS for the quarter. G. Willi-Food International had a return on equity of 15.03% and a net margin of 15.73%.The firm had revenue of $45.47 million during the quarter.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in WILC. World Equity Group Inc. acquired a new stake in shares of G. Willi-Food International in the 3rd quarter valued at $287,000. JPMorgan Chase & Co. lifted its holdings in G. Willi-Food International by 408.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 10,903 shares of the company’s stock worth $220,000 after buying an additional 8,757 shares during the last quarter. Finally, Acadian Asset Management LLC acquired a new position in shares of G. Willi-Food International during the 1st quarter worth about $50,000. Institutional investors and hedge funds own 9.45% of the company’s stock.

About G. Willi-Food International

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.