Village Farms International (NASDAQ:VFF) PT Raised to $1.20 at Craig Hallum

Village Farms International (NASDAQ:VFF) had its price objective boosted by Craig Hallum from $1.00 to $1.20 in a report released on Thursday morning, Benzinga reports. The brokerage currently has a buy rating on the stock.

Village Farms International Stock Up 16.9 %

Shares of Village Farms International stock traded up $0.12 during trading hours on Thursday, reaching $0.86. 1,551,871 shares of the company were exchanged, compared to its average volume of 498,977. Village Farms International has a 1 year low of $0.55 and a 1 year high of $1.17. The stock’s fifty day moving average is $0.80 and its 200 day moving average is $0.80. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.10 and a current ratio of 2.10. The firm has a market cap of $94.82 million, a PE ratio of -3.07 and a beta of 2.36.

Hedge Funds Weigh In On Village Farms International

Several large investors have recently bought and sold shares of VFF. Cetera Investment Advisers purchased a new position in Village Farms International in the first quarter valued at $25,000. Raymond James Trust N.A. boosted its stake in Village Farms International by 94.4% in the fourth quarter. Raymond James Trust N.A. now owns 37,063 shares of the company’s stock valued at $28,000 after acquiring an additional 18,000 shares in the last quarter. ExodusPoint Capital Management LP acquired a new position in Village Farms International in the second quarter valued at $30,000. NewEdge Advisors LLC boosted its stake in Village Farms International by 87.5% in the first quarter. NewEdge Advisors LLC now owns 37,511 shares of the company’s stock valued at $31,000 after acquiring an additional 17,500 shares in the last quarter. Finally, Stephens Inc. AR boosted its stake in Village Farms International by 31.0% in the second quarter. Stephens Inc. AR now owns 55,000 shares of the company’s stock valued at $33,000 after acquiring an additional 13,000 shares in the last quarter. Hedge funds and other institutional investors own 12.38% of the company’s stock.

Village Farms International Company Profile

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 owns and operates a power plant that generates and sells electricity, and provides thermal heat to British Columbia Hydro and Power Authority; produces and supplies cannabis products to other licensed providers and provincial governments in Canada and internationally; and develops and sells cannabinoid-based health and wellness products, including ingestible, edibles, and topical applications.