Village Farms International (NASDAQ:VFF) Stock Rating Upgraded by Wall Street Zen

Wall Street Zen upgraded shares of Village Farms International (NASDAQ:VFF - Free Report) from a sell rating to a hold rating in a research report report published on Saturday.

VFF has been the subject of a number of other research reports. Zelman & Associates reiterated an "overweight" rating on shares of Village Farms International in a research report on Monday, June 9th. Alliance Global Partners reiterated a "buy" rating on shares of Village Farms International in a research report on Tuesday, May 13th.

Village Farms International Trading Up 1.9%

Shares of NASDAQ:VFF traded up $0.02 during midday trading on Friday, reaching $1.08. The company had a trading volume of 360,830 shares, compared to its average volume of 541,105. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.98 and a current ratio of 1.92. Village Farms International has a 1-year low of $0.45 and a 1-year high of $1.32. The firm has a market cap of $121.33 million, a price-to-earnings ratio of -3.00 and a beta of 2.22. The company has a fifty day simple moving average of $0.90 and a two-hundred day simple moving average of $0.79.

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

Insider Buying and Selling

In other news, CFO Stephen C. Ruffini purchased 25,000 shares of the business's stock in a transaction dated Friday, May 30th. The stock was bought at an average cost of $1.21 per share, with a total value of $30,250.00. Following the purchase, the chief financial officer now directly owns 9,783,127 shares of the company's stock, valued at approximately $11,837,583.67. This trade represents a 0.26% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Company insiders own 12.60% of the company's stock.

Institutional Investors Weigh In On Village Farms International

Hedge funds and other institutional investors have recently made changes to their positions in the company. Lighthouse Financial LLC purchased a new stake in shares of Village Farms International during the 4th quarter worth about $36,000. Raymond James Financial Inc. purchased a new stake in shares of Village Farms International during the 4th quarter worth about $146,000. Tudor Investment Corp ET AL purchased a new stake in shares of Village Farms International during the 4th quarter worth about $146,000. Two Sigma Advisers LP raised its stake in shares of Village Farms International by 625.6% during the 4th quarter. Two Sigma Advisers LP now owns 193,000 shares of the company's stock worth $149,000 after purchasing an additional 166,400 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of 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 worth $446,000 after purchasing an additional 35,913 shares in the last quarter. 12.15% of the stock is owned by hedge funds and other institutional investors.

About Village Farms International

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.