Coffee (NASDAQ:JVA) Issues Earnings Results

Coffee (NASDAQ:JVA) released its earnings results on Friday. The company reported $0.20 earnings per share for the quarter, Zacks reports. Coffee had a net margin of 2.82% and a return on equity of 8.97%.

Coffee Stock Performance

NASDAQ:JVA opened at $4.02 on Friday. The firm has a 50-day simple moving average of $5.20 and a two-hundred day simple moving average of $3.98. The firm has a market cap of $22.95 million, a P/E ratio of 10.31 and a beta of 1.38. Coffee has a fifty-two week low of $1.23 and a fifty-two week high of $9.93.

Analysts Set New Price Targets

Separately, StockNews.com downgraded Coffee from a “buy” rating to a “hold” rating in a research note on Wednesday.

Coffee Company Profile

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.