Where Food Comes From Inc (OTCMKTS:WFCF) Gaining More Altitude

[[tagnumber 0]][[tagnumber 1]]After taking a dive in the very first sessions of 2016 we saw Where Food Comes From Inc (OTCMKTS:WFCF)’s stock move sideways, maintaining a price per share above the $2 mark throughout February, March and April and trading in low volumes.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Recently, the stock began climbing the charts and the most likely reason for that was the anticipation of [[tagnumber 6]]WFCF’s[[tagnumber 7]] latest financial report. The company filed its quarterly report for Q1 of 2016 on May 5 and the balance sheet contained the following numbers of prime interest.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 11]] [[tagnumber 12]]cash: $4.34 million[[tagnumber 13]] [[tagnumber 12]]current assets: $5.55 million[[tagnumber 13]] [[tagnumber 12]]current liabilities: $1.27 million[[tagnumber 13]] [[tagnumber 12]]quarterly revenues: $2.44 million[[tagnumber 13]] [[tagnumber 12]]quarterly net loss: $55 thousand[[tagnumber 13]] [[tagnumber 22]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Those numbers are certainly looking good when you compare them to most other companies traded on the OTC marketplace. In fact, [[tagnumber 6]]WFCF[[tagnumber 7]] has shown steady growth when you compare the contents of the report for the period ended March 31, 2016 to the ones for the same period last year.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]This is exactly why [[tagnumber 6]]WFCF[[tagnumber 7]] managed to climb up the charts recently. The Q1 results coupled with some optimistic PR was enough to provide the ticker with a decent run. The most recent session saw the company stock climb 9.05% and close at $2.65, while a total of 36 thousand traded shares generated $94 thousand in daily dollar volume, the biggest in quite some time.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Still, [[tagnumber 6]]WFCF[[tagnumber 7]] doesn’t seem to attract that much investor attention. That, however, isn’t so surprising. Decent companies traded on the OTC marketplace often lack the interest of the people trading pennystocks as they are not that volatile.[[tagnumber 2]]