StockNews.com assumed coverage on shares of Coffee (NASDAQ:JVA – Free Report) in a report published on Friday. The brokerage issued a hold rating on the stock.
Coffee Stock Down 1.2 %
JVA stock opened at $3.19 on Friday. The stock’s 50 day simple moving average is $2.81 and its 200 day simple moving average is $2.15. Coffee has a fifty-two week low of $0.67 and a fifty-two week high of $3.88.
Coffee (NASDAQ:JVA – Get Free Report) last posted its quarterly earnings results on Friday, September 13th. The company reported $0.11 earnings per share for the quarter. Coffee had a return on equity of 4.66% and a net margin of 1.48%. The business had revenue of $18.81 million for the quarter.
Institutional Trading of Coffee
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.
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