Village Farms International (NASDAQ:VFF) Rating Increased to Hold at Wall Street Zen

Village Farms International (NASDAQ:VFF - Get Free Report) was upgraded by analysts at Wall Street Zen from a "sell" rating to a "hold" rating in a report released on Saturday.

Other analysts have also issued research reports about the stock. Zelman & Associates reiterated an "overweight" rating on shares of Village Farms International in a research note on Monday, June 9th. Alliance Global Partners reaffirmed a "buy" rating on shares of Village Farms International in a research report on Tuesday, May 13th.

Village Farms International Price Performance

Shares of VFF stock opened at $1.52 on Friday. The firm has a fifty day moving average of $1.21 and a two-hundred day moving average of $0.87. The firm has a market cap of $170.76 million, a P/E ratio of -4.22 and a beta of 2.18. Village Farms International has a 1-year low of $0.45 and a 1-year high of $1.53. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.92 and a quick ratio of 0.98.

Village Farms International (NASDAQ:VFF - Get Free Report) last posted its quarterly earnings results on Monday, May 12th. The company reported ($0.06) EPS for the quarter, missing analysts' consensus estimates of ($0.01) by ($0.05). The firm had revenue of $77.07 million during the quarter, compared to analyst estimates of $78.44 million. Village Farms International had a negative return on equity of 10.55% and a negative net margin of 11.85%. As a group, research analysts anticipate that Village Farms International will post -0.15 earnings per share for the current fiscal year.

Insider Activity at Village Farms International

In other news, CFO Stephen C. Ruffini acquired 25,000 shares of the company's stock in a transaction that occurred on Friday, May 30th. The shares were acquired at an average price of $1.21 per share, with a total value of $30,250.00. Following the acquisition, the chief financial officer directly owned 9,783,127 shares in the company, valued at approximately $11,837,583.67. The trade was a 0.26% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 12.60% of the company's stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of VFF. AdvisorShares Investments LLC grew its stake in shares of Village Farms International by 0.6% in the fourth quarter. AdvisorShares Investments LLC now owns 3,342,808 shares of the company's stock worth $2,577,000 after purchasing an additional 19,410 shares in the last quarter. Perkins Capital Management Inc. lifted its holdings in Village Farms International by 21.1% in the first quarter. Perkins Capital Management Inc. now owns 1,318,500 shares of the company's stock worth $798,000 after purchasing an additional 230,000 shares during the period. Renaissance Technologies LLC grew its position in Village Farms International by 7.3% in the 4th quarter. Renaissance Technologies LLC now owns 1,190,633 shares of the company's stock valued at $918,000 after buying an additional 80,567 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Village Farms International by 5.1% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 737,574 shares of the company's stock valued at $446,000 after buying an additional 35,913 shares during the period. Finally, Key Client Fiduciary Advisors LLC increased its stake in Village Farms International by 1.7% during the 2nd quarter. Key Client Fiduciary Advisors LLC now owns 687,285 shares of the company's stock valued at $756,000 after buying an additional 11,320 shares during the period. 12.15% of the stock is owned by institutional investors and hedge funds.

Village Farms International Company Profile

Village Farms International, Inc, together with its subsidiaries, produces, markets, and sells greenhouse-grown tomatoes, bell peppers, and cucumbers in North America. It operates through four segments: Produce, Cannabis-Canada, Cannabis-U.S., and Energy. The company also produces and supplies cannabis products to other licensed providers and provincial governments in Canada and internationally; develops and sells cannabinoid-based health and wellness products, including ingestible, edibles, and topical applications; and produces power.

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