|Bid||10.12 x N/A|
|Ask||10.12 x N/A|
|Day's Range||9.64 - 13.36|
|52 Week Range||4.01 - 25.78|
|Beta (5Y Monthly)||3.88|
|PE Ratio (TTM)||43.96|
|Earnings Date||May 10, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||May 27, 2009|
|1y Target Est||20.96|
Shares of Village Farms International (NASDAQ: VFF), a company that uses hydroponics to grow produce and marijuana, fell a dramatic 20.5% on Monday. From a top-line perspective, Village Farms saw growth of 63% thanks to its move into the cannabis space.
This morning Village Farms issued a news release reporting its financial results for the first quarter ended March 31, 2021. There exists a perception that due to the inability to market and advertise, it is not possible to build a brand in Canada.
Village Farms (VFF) delivered earnings and revenue surprises of -600.00% and 8.51%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?