Village Farms International (NASDAQ:VFF) Stock Price Down 1% – Should You Sell?

Village Farms International, Inc. (NASDAQ:VFFGet Free Report) traded down 1% during mid-day trading on Monday . The company traded as low as $2.88 and last traded at $2.88. Approximately 765,051 shares were traded during mid-day trading, a decline of 36% from the average daily volume of 1,192,319 shares. The stock had previously closed at $2.91.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on VFF. Weiss Ratings restated a “hold (c)” rating on shares of Village Farms International in a research report on Friday, August 14th. Zacks Research upgraded shares of Village Farms International from a “strong sell” rating to a “hold” rating in a report on Monday, July 13th. Two research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock has a consensus rating of “Hold”.

Get Our Latest Stock Analysis on Village Farms International

Village Farms International Trading Down 1.4%

The stock has a market cap of $347.29 million, a P/E ratio of 16.71 and a beta of 1.31. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.25 and a current ratio of 3.17. The firm’s fifty day simple moving average is $2.21 and its 200-day simple moving average is $2.56.

Village Farms International (NASDAQ:VFFGet Free Report) last posted its quarterly earnings data on Monday, August 10th. The company reported $0.06 EPS for the quarter, beating analysts’ consensus estimates of $0.02 by $0.04. Village Farms International had a net margin of 9.85% and a return on equity of 7.62%. The company had revenue of $63.98 million for the quarter, compared to analyst estimates of $56.30 million. Equities research analysts expect that Village Farms International, Inc. will post 0.17 EPS for the current fiscal year.

Institutional Investors Weigh In On Village Farms International

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Caitong International Asset Management Co. Ltd bought a new position in shares of Village Farms International during the 4th quarter worth approximately $27,000. Barclays PLC bought a new stake in Village Farms International during the fourth quarter worth $29,000. Kestra Private Wealth Services LLC bought a new stake in Village Farms International during the fourth quarter worth $40,000. Mariner LLC purchased a new position in Village Farms International in the fourth quarter worth $44,000. Finally, Hsbc Holdings PLC bought a new position in Village Farms International in the 1st quarter valued at $48,000. Institutional investors and hedge funds own 12.15% of the company’s stock.

About Village Farms International

(Get Free Report)

Village Farms International, Inc is a North American agricultural company specializing in greenhouse cultivation of fresh produce and cannabis. Through its wholly owned operations, the company grows a variety of high-quality vegetables, including tomatoes, cucumbers and sweet peppers, using controlled-environment agriculture techniques designed to maximize yield and sustainability. Village Farms leverages advanced climate and hydroponic systems to deliver consistent year-round supply to major grocery retailers across the United States and Canada.

In its produce segment, Village Farms operates large-scale greenhouse facilities in Texas and Canada.

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