Raymond James Financial Inc. Makes New $146,000 Investment in Village Farms International, Inc. (NASDAQ:VFF)

Raymond James Financial Inc. acquired a new stake in Village Farms International, Inc. (NASDAQ:VFF) in the 4th quarter, Holdings Channel reports. The firm acquired 189,128 shares of the company’s stock, valued at approximately $146,000.

Separately, Sustainable Insight Capital Management LLC acquired a new position in Village Farms International during the fourth quarter worth $72,000. Hedge funds and other institutional investors own 12.15% of the company’s stock.

Village Farms International Stock Performance

Village Farms International stock opened at $0.96 on Wednesday. Village Farms International, Inc. has a 52-week low of $0.45 and a 52-week high of $1.48. The firm has a market capitalization of $107.84 million, a P/E ratio of -2.13 and a beta of 2.17. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.05 and a quick ratio of 1.09. The stock has a fifty day moving average price of $0.64 and a two-hundred day moving average price of $0.73.

Village Farms International (NASDAQ:VFF) last announced its quarterly earnings data on Monday, May 12th. The company reported ($0.06) earnings per share for the quarter, missing the consensus estimate of ($0.01) by ($0.05). The firm had revenue of $77.07 million for the quarter, compared to the consensus estimate of $78.44 million. Village Farms International had a negative return on equity of 8.26% and a negative net margin of 15.16%. As a group, analysts anticipate that Village Farms International, Inc. will post -0.15 EPS for the current fiscal year.

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 produces and supplies cannabis products to other licensed providers and provincial governments in Canada and internationally; develops and sells cannabinoid-based health and wellness products, including ingestible, edibles, and topical applications; and produces power.