Village Farms International (NASDAQ:VFF) Trading Down 9.5%

Village Farms International (NASDAQ:VFF) fell 9.5% during mid-day trading on Tuesday . The company traded as low as $9.37 and last traded at $9.44, 1,610,899 shares were traded during trading. An increase of 52% from the average session volume of 1,062,965 shares. The stock had previously closed at $10.43.

A number of research firms recently issued reports on VFF. Roth Capital set a $29.00 price target on Village Farms International and gave the stock a “buy” rating in a report on Tuesday, September 10th. Craig Hallum started coverage on Village Farms International in a report on Tuesday, July 23rd. They set a “buy” rating on the stock. Alliance Global Partners started coverage on Village Farms International in a report on Thursday, September 19th. They issued a “buy” rating on the stock. Finally, Zacks Investment Research lowered Village Farms International from a “buy” rating to a “hold” rating in a report on Friday, September 13th.

The stock has a fifty day simple moving average of $11.56 and a two-hundred day simple moving average of $11.61. The company has a market cap of $465.14 million and a PE ratio of -85.82.



Village Farms International (NASDAQ:VFF) last announced its quarterly earnings data on Monday, August 12th. The company reported $0.20 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.04 by $0.16. The business had revenue of $41.33 million during the quarter, compared to analysts’ expectations of $46.59 million. On average, equities analysts expect that Village Farms International will post 0.56 EPS for the current fiscal year.

A number of institutional investors and hedge funds have recently made changes to their positions in VFF. Janney Montgomery Scott LLC boosted its holdings in Village Farms International by 13.1% in the 2nd quarter. Janney Montgomery Scott LLC now owns 84,043 shares of the company’s stock valued at $961,000 after purchasing an additional 9,737 shares in the last quarter. CWM LLC purchased a new stake in Village Farms International in the 2nd quarter valued at approximately $50,000. Swiss National Bank purchased a new stake in Village Farms International in the 2nd quarter valued at approximately $843,000. Signition LP boosted its holdings in Village Farms International by 32.3% in the 2nd quarter. Signition LP now owns 34,400 shares of the company’s stock valued at $394,000 after purchasing an additional 8,400 shares in the last quarter. Finally, Van ECK Associates Corp purchased a new stake in Village Farms International in the 2nd quarter valued at approximately $42,000. 8.98% of the stock is currently owned by institutional investors.

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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