Village Farms International (NASDAQ:VFF) Stock Rating Upgraded by Zacks Research

Village Farms International (NASDAQ:VFF) was upgraded by analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a report released on Tuesday,Zacks.com reports.

VFF has been the subject of several other research reports. Weiss Ratings restated a “hold (c)” rating on shares of Village Farms International in a research note on Thursday, October 30th. Wall Street Zen upgraded shares of Village Farms International from a “sell” rating to a “buy” rating in a research report on Sunday, August 17th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Buy”.

Village Farms International Stock Performance

Shares of VFF traded up $0.07 during mid-day trading on Tuesday, hitting $3.57. 3,128,248 shares of the company’s stock were exchanged, compared to its average volume of 1,433,636. The company has a current ratio of 2.65, a quick ratio of 1.89 and a debt-to-equity ratio of 0.11. Village Farms International has a fifty-two week low of $0.45 and a fifty-two week high of $3.79. The business’s 50 day moving average is $3.02 and its two-hundred day moving average is $2.03. The firm has a market capitalization of $402.14 million, a P/E ratio of 39.67 and a beta of 2.27.

Village Farms International (NASDAQ:VFF) last posted its quarterly earnings data on Monday, November 10th. The company reported $0.08 EPS for the quarter, beating the consensus estimate of $0.03 by $0.05. Village Farms International had a negative return on equity of 2.24% and a net margin of 3.42%.The firm had revenue of $66.74 million during the quarter, compared to the consensus estimate of $58.63 million. On average, equities analysts expect that Village Farms International will post -0.15 earnings per share for the current year.

Institutional Trading of Village Farms International

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Traynor Capital Management Inc. acquired a new stake in shares of Village Farms International during the third quarter valued at $31,000. Sprott Inc. acquired a new stake in shares of Village Farms International during the 3rd quarter worth about $94,000. Brian Low Financial Group LLC purchased a new stake in shares of Village Farms International during the third quarter worth about $144,000. Rydar Equities Inc. purchased a new stake in shares of Village Farms International during the second quarter worth about $53,000. Finally, JW Asset Management LLC acquired a new position in shares of Village Farms International in the third quarter valued at approximately $156,000. 12.15% of the stock is currently owned by hedge funds and other institutional investors.

About Village Farms International

Village Farms International, Inc, together with its subsidiaries, produces, markets, and sells greenhouse-grown tomatoes, bell peppers, and cucumbers in North America. It operates through four segments: Produce, Cannabis-Canada, Cannabis-U.S., and Energy. The company also produces and supplies cannabis products to other licensed providers and provincial governments in Canada and internationally; develops and sells cannabinoid-based health and wellness products, including ingestible, edibles, and topical applications; and produces power.