Stock analysts at StockNews.com started coverage on shares of Coffee (NASDAQ:JVA – Get Free Report) in a research note issued on Wednesday. The firm set a “hold” rating on the stock.
Coffee Trading Down 1.8 %
JVA opened at $1.67 on Wednesday. Coffee has a 12 month low of $0.67 and a 12 month high of $1.85. The stock has a 50-day moving average of $1.43 and a 200 day moving average of $1.08.
Coffee (NASDAQ:JVA – Get Free Report) last announced its earnings results on Monday, March 18th. The company reported $0.06 earnings per share (EPS) for the quarter. Coffee had a return on equity of 0.20% and a net margin of 0.07%. The business 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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