Village Farms International (NASDAQ:VFF) Rating Lowered to Buy at Wall Street Zen

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

Other analysts have also issued reports about the stock. Weiss Ratings reissued a “hold (c)” rating on shares of Village Farms International in a research note 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 investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy”.

Village Farms International Price Performance

Shares of NASDAQ:VFF opened at $3.58 on Friday. The stock has a market cap of $413.56 million, a price-to-earnings ratio of 19.89 and a beta of 1.23. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.78 and a quick ratio of 2.17. Village Farms International has a 12 month low of $0.45 and a 12 month high of $4.99. The stock’s 50 day moving average price is $3.44 and its 200 day moving average price is $3.30.

Insider Activity at Village Farms International

In related news, insider Orville Bovenschen sold 61,586 shares of the firm’s stock in a transaction that occurred on Monday, December 8th. The shares were sold at an average price of $3.30, for a total value of $203,233.80. Following the completion of the transaction, the insider owned 50,000 shares of the company’s stock, valued at approximately $165,000. This trade represents a 55.19% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 12.60% of the company’s stock.

Institutional Trading of Village Farms International

Several large investors have recently added to or reduced their stakes in the company. Barclays PLC purchased a new stake in shares of Village Farms International in the fourth quarter valued at $29,000. Traynor Capital Management Inc. acquired a new position in Village Farms International during the third quarter valued at $31,000. Kestra Private Wealth Services LLC purchased a new stake in Village Farms International in the 4th quarter worth about $40,000. Thompson Davis & CO. Inc. acquired a new stake in Village Farms International during the 4th quarter worth about $43,000. Finally, GK Wealth Management LLC acquired a new stake in Village Farms International during the 4th quarter worth about $43,000. 12.15% of the stock is owned by institutional investors and hedge funds.

About Village Farms International

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.