Village Farms International, Inc. (NASDAQ:VFF) shares, dropped in value on Wednesday, Apr 07, with the stock price down by -7.46% to the previous day’s close as weak demand from buyers trailed the stock to $12.4.
Actively observing the price movement in the last trading, the stock closed the session at $13.4, falling within a range of $12.26 and $13.35. The value of beta (5-year monthly) was 0 whereas the PE ratio was 65.26 over 12-month period. Referring to stock’s 52-week performance, its high was $20.32, and the low was $2.58. On the whole, VFF has fluctuated by -9.82% over the past month.
Revisions could be a useful indicator to get insight on short-term price movement; so for the company, there were no upward and no downward review(s) in last seven days. We see that VFF’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium term indicators have put the stock in the category of 50% Buy while long term indicators on average have been pointing out that it is a 50% Buy.
7 analyst(s) have assigned their ratings of the stock’s forecast evaluation on a scale of 1.00-5.00 to indicate a strong buy to a strong sell recommendation. The stock is rated as a Hold by 1 analyst(s), 6 recommend it as a Buy and no body called the VFF stock Outperform. In the meantime, none analyst(s) believe the stock as Underperform and none think it is a Sell. Thus, investors eager to increase their holdings of the company’s stock will have an opportunity to do so as the average rating for the stock is Buy.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of VFF currently trading nearly -13.6% and -16.33% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 38.99, while the 7-day volatility ratio is showing 5.44% which for the 30-day chart, stands at 7.17%. Furthermore, Village Farms International, Inc. (VFF)’s beta value is 0, and its average true range (ATR) is 1.06. The company’s stock has been forecasted to trade at an average price of $22.06 over the course of the next 52 weeks, with a low of $18 and a high of $26. Based on these price targets, the low is 45.16 off current price, whereas the price has to move +109.68% to reach the yearly target high. Additionally, analysts’ median price of $22 is likely to be welcomed by investors because it represents an increase of +77.42% from the current levels.
A comparison of Village Farms International, Inc. (VFF) with its peers suggests the former has fared considerably weaker in the market. VFF showed an intraday change of -7.46% in last session, and over the past year, it grew by +360.97%. In comparison, Kimberly-Clark Corp (KMB) has moved lower at -0.8% on the day and was up +2.85% over the past 12 months. On the other hand, the price of International Flavors & Fragrances (IFF) has fallen -1.72% on the day. The stock, however, is off 27.06% from where it was a year ago. Additionally, there is a decline of -746% for Chewy Inc (CHWY) in last trading while the stock has seen an overall apprecation of 360.97% over the past year. The PE ratio stands at 65.26 for Village Farms International, Inc., compared to 19.96 for Kimberly-Clark Corp, and 43.55 for International Flavors & Fragrances. Other than that, the overall performance of the S&P 500 during the last trading session shows that it gained 0.15%. Meanwhile, the Dow Jones Industrial improved by 0.05%.
Data on historical trading for Village Farms International, Inc. (NASDAQ:VFF) indicates that the trading volumes over the past 10 days have averaged 998.12 Million and over the past 3 months, they’ve averaged 3.02 Million. According to company’s latest data on outstanding shares, there are 79.6 Million shares outstanding.
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Nearly 13.34% of Village Farms International, Inc.’s shares belong to company insiders and institutional investors own 23.84% of the company’s shares, according to Thomson Reuters’ data. The data on short interest also indicates that stock shorts accounted for 4.09 Million shares as on March 14, 2021, resulting in a short ratio of 1.68. According to the data, the short interest in Village Farms International, Inc. (VFF) stood at 5.14% of shares outstanding as of March 14, 2021; the number of short shares registered in February reached 5.92 Million. The stock has risen by +22.29% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the VFF stock heading into the next quarter.