Village Farms International Inc. (NASDAQ:VFF) finished Wednesday with an addition of $0.08 to close at $0.69, an upside of 14.71 percent. An average of 1,165,860 shares of common stock have been traded in the last five days. There was a gain of $0.1040 in the past week, and it reached a new high 4 times over the past 12 months. The last 20 days have seen an average of 643,360 shares traded, while the 50-day average volume stands at 580,718.
VFF stock has increased by 3.58% in the last month. The company shares reached their 1-month lowest point of $0.5500 on 08/07/23. With the stock rallying to its 52-week high on 01/23/23, shares of the company touched a low of $0.55 and a high of $3.11 in 52 weeks. It has reached a new high 10 times so far this year and lost -48.21% or -$0.6460 in price. In spite of this, the price is down -77.68% from the 52-week high.
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Insider Transactions
VFF stock investors should be aware that Village Farms International Inc. (VFF) stock had its last reported insider trading activity 209 days ago on Feb 01.
Valuation Metrics
Village Farms International Inc. (VFF) stock’s beta is 2.72. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.28, the price-to-book (PB) ratio at 0.21.
Financial Health
The quick ratio of Village Farms International Inc. for the three months ended March 30 was 1.10, and the current ratio was 2.20, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.15 and a total debt to equity ratio of 0.19 for the quarter ending March 30. Village Farms International Inc.’s EBITDA margin for the year ending March 30 is -10.73%. Its gross profit as reported stood at $27.5 million compared to revenue of $293.57 million.
Earnings Surprise
For the three-month period that ended March 30, Village Farms International Inc. had $42.53 million in total debt. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of -$6.64 million in the quarter, while revenues of -$49.33 million were grew 1.81%. The analyst consensus anticipated Village Farms International Inc.’s latest quarter earnings to come in at -$0.05 per share, but it turned out to be -$0.06, a -20.00% surprise. For the quarter, EBITDA amounted to -$1.08 million. Shareholders own equity worth $110.24 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Village Farms International Inc. (VFF) price momentum. RSI 9-day as of the close on 09 August was 66.77%, suggesting the stock is Neutral, with historical volatility in this time frame at 83.37%.
As of today, VFF’s price is $0.6039 +17.63% or $0.1040 from its 5-day moving average. VFF is currently trading +9.81% higher than its 20-day SMA and -24.56% lower than its 100-day SMA. However, the stock’s current price level is -2.66% below the SMA50 and -63.85% below the SMA200.
The stochastic %K and %D were 57.54% and 34.44%, respectively, and the average true range (ATR) was 0.0451. With the 14-day stochastic at 100.00% and the average true range at 0.0444, the RSI (14) stands at 60.14%. The stock has reached 0.0182 on the 9-day MACD Oscillator while the 14-day reading was at 0.0194.
Analyst Ratings
Raymond James downgraded Village Farms International Inc. (NASDAQ: VFF) to a a Mkt perform rating in its most recent analyst report. Previously, the stock was rated as an Outperform.
What is VFF’s price target for the next 12 months?
Analysts predict a range of price targets between $0.75 and $2.50, with a median target of $1.75. Taking a look at these predictions, the average price target given by analysts for Village Farms International Inc. (VFF) stock is $1.57.
