Village Farms International (NASDAQ:VFF) Upgraded to "Hold" at 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.

A number of other analysts have also recently commented on the stock. Alliance Global Partners reiterated a "buy" rating on shares of Village Farms International in a research note on Tuesday, May 13th. Zelman & Associates reiterated an "overweight" rating on shares of Village Farms International in a research note on Monday, June 9th.

Village Farms International Stock Down 6.6%

VFF traded down $0.08 during trading hours on Friday, hitting $1.07. 1,052,494 shares of the company's stock were exchanged, compared to its average volume of 540,071. Village Farms International has a 1-year low of $0.45 and a 1-year high of $1.32. The stock's 50-day moving average is $0.88 and its two-hundred day moving average is $0.78. The stock has a market cap of $119.64 million, a price-to-earnings ratio of -2.37 and a beta of 2.22. The company has a quick ratio of 1.09, a current ratio of 2.05 and a debt-to-equity ratio of 0.16.

Village Farms International (NASDAQ:VFF - Get Free Report) last announced its earnings results on Monday, May 12th. The company reported ($0.06) EPS for the quarter, missing the consensus estimate of ($0.01) by ($0.05). Village Farms International had a negative return on equity of 8.26% and a negative net margin of 15.16%. The business had revenue of $77.07 million for the quarter, compared to analyst estimates of $78.44 million. Sell-side analysts predict that Village Farms International will post -0.15 earnings per share for the current fiscal year.

Insider Buying and Selling at Village Farms International

In other news, CFO Stephen C. Ruffini purchased 25,000 shares of the business's stock in a transaction on Friday, May 30th. The stock was purchased at an average price of $1.21 per share, for a total transaction of $30,250.00. Following the completion of the purchase, the chief financial officer now directly owns 9,783,127 shares in the company, valued at $11,837,583.67. The trade was a 0.26% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 12.60% of the company's stock.

Institutional Trading of Village Farms International

A number of large investors have recently added to or reduced their stakes in the company. Lighthouse Financial LLC acquired a new stake in shares of Village Farms International during the 4th quarter worth about $36,000. Raymond James Financial Inc. acquired a new stake in shares of Village Farms International during the 4th quarter worth about $146,000. Tudor Investment Corp ET AL acquired a new stake in shares of Village Farms International during the 4th quarter worth about $146,000. Two Sigma Advisers LP lifted 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 buying an additional 166,400 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted 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 buying an additional 35,913 shares during the last quarter. Institutional investors and hedge funds own 12.15% of the company's stock.

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.