Coffee (NASDAQ:JVA) Stock Passes Above 200 Day Moving Average – Time to Sell?

Shares of Coffee Holding Co., Inc. (NASDAQ:JVA) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $3.23 and traded as high as $5.37. Coffee shares last traded at $5.19, with a volume of 146,895 shares traded.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised Coffee from a “hold” rating to a “buy” rating in a research report on Monday, February 3rd.

Coffee Stock Down 0.6 %

The stock has a market capitalization of $29.63 million, a P/E ratio of 13.31 and a beta of 1.42. The firm has a fifty day moving average price of $3.97 and a two-hundred day moving average price of $3.23.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. XTX Topco Ltd bought a new position in Coffee in the third quarter worth approximately $34,000. Integrated Wealth Concepts LLC bought a new position in Coffee in the third quarter worth approximately $32,000. Empowered Funds LLC bought a new position in Coffee in the fourth quarter worth approximately $69,000. Finally, Sheaff Brock Investment Advisors LLC bought a new position in Coffee in the fourth quarter worth approximately $120,000.

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.