Now Is A Suitable Moment For A Long-Term Purchase Of Village Farms International Inc. (NASDAQ: VFF)


    With over 7.9 million Village Farms International Inc. (VFF) shares trading Tuesday and a closing price of $5.69 on the day, the dollar volume was approximately $44.94 million. The shares have shown a positive weekly performance of 14.26% and its price on 08/25/20 gained nearly 15.42%. Currently, there are 56.47M common shares owned by the public and among those 46.03M shares have been available to trade.

    An analysis of what Wall Street brokers have to say about the expected price targets for this stock gives us this picture: 6 analysts who have offered their price forecasts for VFF have a consensus price objective of $12.02. The analysts have set the share’s price value over the next 12 months at a high of $21.19 and a low of $8.00 should the stock experience a downside. But an upside of 73.15% will see the stock hit the forecast high price target while mean target price for the stock is $10.30.

    Insiders at the company have transacted a total of 3 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 1 of these insider trades were purchases, accounting for 20,000 shares. Insider sales of the common stock occurred on 2 occasions, with total insider shares sold totaling 182,020 shares.

    The top 3 mutual fund holders in Village Farms International Inc. are ETFMG Alternative Harvest ETF, Horizons Medical Marijuana Life S, and AdvisorShares Trust – Pure Cannab. ETFMG Alternative Harvest ETF owns 2.86 million shares of the company’s stock, all valued at over $17.39 million. The company bought an additional 6484.0 shares recently to bring their total holdings to about 5.08% of the shares outstanding. AdvisorShares Trust – Pure Cannab now owns shares totaling to 1.66% of the shares outstanding.

    Shares of Village Farms International Inc. (NASDAQ: VFF) opened at $4.96, up $0.03 from a prior closing price of $4.93. However, the script later closed the day at $5.69, up 15.42%. The company’s stock has a 5-day price change of 14.26% and 1.79% over the past three months. VFF shares are trading -8.67% year to date (YTD), with the 12-month market performance down to -47.41% lower. It has a 12-month low price of $2.07 and touched a high of $12.53 over the same period. Currently, 7.9 million shares have been traded, compared to an average intraday trading volume of 979.25K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -1.86%, 3.79%, and 13.83% respectively.

    Institutional ownership of Village Farms International Inc. (NASDAQ: VFF) shares accounts for 15.33% of the company’s 56.47M shares outstanding. Mutual fund holders own –, while other institutional holders and individual stakeholders account for — and — respectively.

    It has a market capitalization of $321.34M. The earnings-per-share (ttm) stands at -$0.07. Price movements for the stock have been influenced by the stock’s volatility, which stands at 7.54% over the week and 7.72% over the month.

    Specifically, 5 Wall Street analysts polled rate the stock as a buy, while 0 of the 6 advise that investors “hold,” and 0 rated it as a “Sell.”

    Looking at the support for the VFF, a number of firms have released research notes about the stock. Alliance Global Partners stated their Buy rating for the stock in a research note on September 19, 2019, with the firm’s price target at. Craig Hallum coverage for the Village Farms International Inc. (VFF) stock in a research note released on July 23, 2019 offered a Buy rating with a price target of.


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