Shares of Coffee Holding Co., Inc. (NASDAQ:JVA) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $3.92 and traded as high as $4.98. Coffee shares last traded at $4.95, with a volume of 43,723 shares trading hands.
The stock has a market capitalization of $28.26 million, a P/E ratio of -495,000.00 and a beta of 1.52. The company’s 50-day moving average price is $4.84 and its 200 day moving average price is $3.92. The company has a debt-to-equity ratio of 0.14, a quick ratio of 2.60 and a current ratio of 7.23.
Hedge funds and other institutional investors have recently made changes to their positions in the business. Aristides Capital LLC increased its holdings in Coffee by 89.0% in the 3rd quarter. Aristides Capital LLC now owns 37,807 shares of the company’s stock valued at $132,000 after acquiring an additional 17,807 shares during the last quarter. Ancora Advisors LLC increased its holdings in Coffee by 10.6% in the 4th quarter. Ancora Advisors LLC now owns 349,034 shares of the company’s stock valued at $1,340,000 after acquiring an additional 33,532 shares during the last quarter. Finally, Renaissance Technologies LLC increased its holdings in Coffee by 17.2% in the 4th quarter. Renaissance Technologies LLC now owns 479,139 shares of the company’s stock valued at $1,840,000 after acquiring an additional 70,194 shares during the last quarter.
About Coffee (NASDAQ:JVA)
Coffee Holding Co, Inc manufactures, roasts, packages, markets, and distributes roasted and blended coffees in the United States, Australia, Canada, England, and China. The company offers wholesale green coffee products, which include unroasted raw beans of approximately 90 varieties that are sold to large, medium, and small roasters, as well as coffee shop operators.
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