StockNews.com initiated coverage on shares of Coffee (NASDAQ:JVA – Free Report) in a report published on Wednesday. The brokerage issued a hold rating on the stock.
Coffee Price Performance
Shares of JVA stock opened at $1.70 on Wednesday. The firm has a fifty day moving average of $1.42 and a two-hundred day moving average of $1.08. Coffee has a 1-year low of $0.67 and a 1-year high of $1.85.
Coffee (NASDAQ:JVA – Get Free Report) last announced its quarterly earnings data on Monday, March 18th. The company reported $0.06 earnings per share for the quarter. Coffee had a return on equity of 0.20% and a net margin of 0.07%. The firm had revenue of $19.54 million during 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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