Equities research analysts at StockNews.com assumed coverage on shares of Coffee (NASDAQ:JVA – Get Free Report) in a report released on Thursday. The firm set a “hold” rating on the stock.
Coffee Stock Performance
JVA traded down $0.04 during trading hours on Thursday, hitting $1.42. 34,251 shares of the stock were exchanged, compared to its average volume of 69,634. The stock has a 50-day simple moving average of $1.48 and a 200-day simple moving average of $1.12. Coffee has a 12 month low of $0.67 and a 12 month high of $1.85.
Coffee (NASDAQ:JVA – Get Free Report) last posted its quarterly earnings results on Monday, March 18th. The company reported $0.06 earnings per share (EPS) for the quarter. Coffee had a net margin of 0.07% and a return on equity of 0.20%. The company had revenue of $19.54 million for the quarter.
About Coffee
Coffee Holding Co, Inc engages in manufacturing, roasting, packaging, marketing, and distributing roasted and blended coffees in the United States, Australia, Canada, England, and China. It offers wholesale green coffee products, including unroasted raw beans that are sold to large, medium, and small roasters, as well as coffee shop operators; and roasts, blends, packages, and sells coffee under private labels in cans, brick packages, and instants of various sizes.
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