Investment analysts at StockNews.com started coverage on shares of Coffee (NASDAQ:JVA – Get Free Report) in a report issued on Thursday. The brokerage set a “hold” rating on the stock.
Coffee Stock Down 5.5 %
Shares of JVA opened at $1.54 on Thursday. Coffee has a twelve month low of $0.67 and a twelve month high of $1.85. The stock’s 50 day moving average is $1.47 and its two-hundred day moving average is $1.11.
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 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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