Village Farms International (NASDAQ:VFF) Trading Down 2.6% – Time to Sell?

Village Farms International, Inc. (NASDAQ:VFF)’s stock price was down 2.6% during trading on Thursday . The company traded as low as $1.90 and last traded at $1.91. Approximately 1,220,739 shares traded hands during trading, an increase of 18% from the average daily volume of 1,031,459 shares. The stock had previously closed at $1.96.

Wall Street Analyst Weigh In

VFF has been the subject of a number of analyst reports. Wall Street Zen cut Village Farms International from a “buy” rating to a “hold” rating in a report on Saturday, March 21st. Weiss Ratings upgraded Village Farms International from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, May 19th. Finally, Zacks Research lowered Village Farms International from a “hold” rating to a “strong sell” rating in a report on Monday, March 16th. One research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Reduce”.

Village Farms International Price Performance

The company has a quick ratio of 2.03, a current ratio of 3.06 and a debt-to-equity ratio of 0.12. The stock’s 50-day simple moving average is $2.56 and its two-hundred day simple moving average is $3.07. The company has a market capitalization of $218.33 million, a price-to-earnings ratio of 5.46 and a beta of 1.27.

Village Farms International (NASDAQ:VFF) last posted its quarterly earnings data on Monday, May 11th. The company reported $0.02 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.02. The business had revenue of $50.24 million for the quarter, compared to the consensus estimate of $47.81 million. Village Farms International had a net margin of 18.57% and a return on equity of 8.84%. Equities research analysts predict that Village Farms International, Inc. will post 0.15 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of VFF. Caitong International Asset Management Co. Ltd purchased a new stake in Village Farms International during the 4th quarter worth approximately $27,000. Barclays PLC purchased a new position in shares of Village Farms International in the fourth quarter valued at approximately $29,000. Kestra Private Wealth Services LLC purchased a new position in shares of Village Farms International in the fourth quarter valued at approximately $40,000. Thompson Davis & CO. Inc. acquired a new stake in shares of Village Farms International in the fourth quarter worth approximately $43,000. Finally, GK Wealth Management LLC acquired a new stake in shares of Village Farms International in the fourth quarter worth approximately $43,000. 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.