Village Farms International (NASDAQ:VFF) Stock Price Down 5.3%

Village Farms International (NASDAQ:VFF) fell 5.3% during trading on Monday . The company traded as low as $6.24 and last traded at $6.27, 564,854 shares changed hands during mid-day trading. A decline of 46% from the average session volume of 1,050,439 shares. The stock had previously closed at $6.62.

A number of research firms have commented on VFF. Raymond James set a $11.00 price target on Village Farms International and gave the company an “outperform” rating in a research report on Thursday. Alliance Global Partners initiated coverage on Village Farms International in a research report on Thursday, September 19th. They issued a “buy” rating on the stock. Zacks Investment Research lowered Village Farms International from a “hold” rating to a “sell” rating in a research report on Friday. Roth Capital set a $29.00 target price on Village Farms International and gave the company a “buy” rating in a research report on Tuesday, September 10th. Finally, Craig Hallum restated a “buy” rating and set a $20.00 target price (down previously from $30.00) on shares of Village Farms International in a research report on Monday, November 18th. One analyst has rated the stock with a sell rating and four have issued a buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $16.94.

The business has a 50 day moving average of $7.32 and a two-hundred day moving average of $10.02. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.23 and a current ratio of 2.10. The firm has a market capitalization of $346.88 million and a price-to-earnings ratio of -57.00.

Village Farms International (NASDAQ:VFF) last posted its quarterly earnings results on Thursday, November 14th. The company reported ($0.10) earnings per share for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.23). Village Farms International had a return on equity of 10.76% and a net margin of 8.47%. The firm had revenue of $47.30 million for the quarter, compared to analyst estimates of $44.40 million. The firm’s quarterly revenue was up 18.8% on a year-over-year basis. On average, equities analysts predict that Village Farms International will post 0.19 EPS for the current fiscal year.

Hedge funds have recently bought and sold shares of the stock. Van ECK Associates Corp acquired a new position in Village Farms International during the 2nd quarter worth approximately $42,000. CWM LLC purchased a new stake in shares of Village Farms International in the second quarter worth approximately $50,000. Certified Advisory Corp bought a new position in shares of Village Farms International in the second quarter valued at approximately $60,000. Toronto Dominion Bank grew its holdings in shares of Village Farms International by 32,788.0% in the second quarter. Toronto Dominion Bank now owns 8,222 shares of the company’s stock valued at $94,000 after acquiring an additional 8,197 shares in the last quarter. Finally, Commonwealth Equity Services LLC bought a new position in shares of Village Farms International in the third quarter valued at approximately $109,000. 10.19% of the stock is currently owned by institutional investors and hedge funds.

About Village Farms International (NASDAQ:VFF)

Village Farms International, Inc, together with its subsidiaries, produces, markets, and distributes greenhouse-grown tomatoes, bell peppers, and cucumbers in North America. The company operates in two segments, Produce Business and Energy Business. It also owns and operates a 7.0 megawatt power plant that generates and sells electricity to British Columbia Hydro and Power Authority.

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