Village Farms International (NASDAQ:VFF) Downgraded by Wall Street Zen to Buy

Village Farms International (NASDAQ:VFF) was downgraded by analysts at Wall Street Zen from a “strong-buy” rating to a “buy” rating in a note issued to investors on Saturday.

Several other research firms have also commented on VFF. Weiss Ratings restated a “hold (c)” rating on shares of Village Farms International in a research report on Tuesday, January 27th. Zacks Research cut Village Farms International from a “strong-buy” rating to a “hold” rating in a report on Friday, January 9th. Two research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

Village Farms International Stock Performance

Shares of VFF stock opened at $3.58 on Friday. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.17 and a current ratio of 2.78. The firm has a market cap of $413.56 million, a P/E ratio of 19.89 and a beta of 1.29. The firm’s 50 day moving average price is $3.44 and its 200-day moving average price is $3.29. Village Farms International has a one year low of $0.45 and a one year high of $4.99.

Insider Buying and Selling

In other Village Farms International news, insider Orville Bovenschen sold 65,200 shares of the stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $3.92, for a total value of $255,584.00. Following the sale, the insider directly owned 111,633 shares of the company’s stock, valued at approximately $437,601.36. This represents a 36.87% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. 12.60% of the stock is owned by company insiders.

Institutional Trading of Village Farms International

Institutional investors have recently bought and sold shares of the business. AdvisorShares Investments LLC boosted its position in shares of Village Farms International by 77.0% in the 3rd quarter. AdvisorShares Investments LLC now owns 5,963,842 shares of the company’s stock valued at $18,667,000 after purchasing an additional 2,595,154 shares during the period. Tidal Investments LLC increased its position in Village Farms International by 3.3% during the second quarter. Tidal Investments LLC now owns 2,778,410 shares of the company’s stock worth $3,056,000 after buying an additional 87,726 shares during the period. Two Sigma Investments LP lifted its stake in Village Farms International by 187.2% in the third quarter. Two Sigma Investments LP now owns 1,724,648 shares of the company’s stock valued at $5,398,000 after buying an additional 1,124,085 shares during the last quarter. Millennium Management LLC boosted its holdings in shares of Village Farms International by 2,050.2% in the third quarter. Millennium Management LLC now owns 1,005,263 shares of the company’s stock valued at $3,146,000 after acquiring an additional 958,511 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Village Farms International by 5.1% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 737,574 shares of the company’s stock valued at $446,000 after acquiring an additional 35,913 shares during the period. 12.15% of the stock is owned by hedge funds and other institutional investors.

Village Farms International Company Profile

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.