Revenue Update on G Willi-Food International Ltd(NASDAQ:WILC)

G Willi-Food International Ltd(NASDAQ:WILC) announced the earnings results for Fiscal Year 2016 and Q4. The results came in during Pre-Market on Mar 28, 2017. Based on the corporate Earnings and Guidance, many Investment Banking firms balance their portfolio to Sell and Buy Stocks based on their strategy of investing in stocks.Earnings per share were $-0.13.

G Willi-Food International Ltd (WILC) shares turned negative on Fridays trading session with the shares closing down -0.11 points or -1.77% at a volume of 5,236. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $6.17. The peak price level was also seen at $6.17 while the days lowest was $6.0161. Finally the shares closed at $6.1. The 52-week high of the shares is $6.9 while the 52-week low is $3.35. According to the latest information available, the market cap of the company is $81 M.

G. Willi-Food International Ltd (Willi-Food) is an Israel-based company which provides kosher food. The Company is engaged in the design import marketing and distribution of over 600 food products across the world. The Company purchases food products from over 150 suppliers located in Israel and throughout the world including China India the Philippines Thailand Ethiopia Poland Lithuania Bulgaria and Latvia Ecuador Costa Rica the United States Canada Western the Netherlands Belgium Monaco Germany Sweden Switzerland Denmark France Spain Portugal Italy Turkey and Greece. The Company markets its products under the brand name Willi-Food and some of its chilled and frozen products under the brand name Gold Frost. Willi-Food’s products include canned fruits and vegetables pickles bakery products oils pasta rice noodles breakfast cereals dried fruits coffee whiteners snacks butter and butter spreads ice creams and cheeses.

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