Coffee (NASDAQ:JVA – Get Free Report) announced its quarterly earnings results on Friday. The company reported $0.22 earnings per share (EPS) for the quarter, Zacks reports. Coffee had a return on equity of 4.66% and a net margin of 1.48%.
Coffee Price Performance
Shares of JVA opened at $3.95 on Friday. The firm has a market cap of $22.55 million, a PE ratio of 19.75 and a beta of 1.42. Coffee has a 1 year low of $1.02 and a 1 year high of $4.66. The stock’s fifty day moving average price is $3.81 and its two-hundred day moving average price is $3.12.
Wall Street Analysts Forecast Growth
Separately, StockNews.com lowered Coffee from a “buy” rating to a “hold” rating in a report on Thursday, January 16th.
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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