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.
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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