The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Village Farms International, Inc. shares valued at $10,934 were purchased by McLernon John R. on Mar 15 ’24. At $0.77 per share, McLernon John R. acquired 14,200 shares. The insider’s holdings grew to 15,800 shares worth approximately $21014.0 following the completion of this transaction.
As published in a research note from Raymond James on February 27, 2023, Village Farms International, Inc. [VFF] has been rated down from an Outperform to a Mkt perform and the price target has been revised to $2.50 from $11. Analysts at Craig Hallum downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in early August. As of May 11, 2022, Raymond James has decreased its “Strong buy” rating to a “an Outperform” for VFF. Earlier on March 04, 2022, Stifel downgraded its rating. Their new recommendation was “a Hold” for VFF stock which previously was a “a Buy”.
Analyzing VFF Stock Performance
During the last five days, there has been a surge of approximately 0.76%. Over the course of the year, Village Farms International, Inc. shares have jumped approximately 74.77%. Shares of the company reached a 52-week high of $1.6200 on 04/30/24 and a 52-week low of $0.5800 on 03/13/24. A 50-day SMA is recorded $1.0764, while a 200-day SMA reached $0.8609. Nevertheless, trading volume fell to 2.33 million shares from 4.67 million shares the previous day.
Support And Resistance Levels for Village Farms International, Inc. (VFF)
According to the 24-hour chart, there is a support level at 1.2367, which, if violated, would cause prices to drop to 1.1433. In the upper region, resistance lies at 1.4867. The next price resistance is at 1.6433. RSI (Relative Strength Index) is 52.93 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.0739, which suggests the price will decrease in the coming days. Percent R is at 61.70%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
