Coffee (NASDAQ:JVA – Get Free Report) issued its earnings results on Friday. The company reported $0.22 earnings per share for the quarter, Zacks reports. Coffee had a return on equity of 4.66% and a net margin of 1.48%.
Coffee Stock Down 1.3 %
NASDAQ JVA traded down $0.05 during trading hours on Friday, hitting $3.95. The company had a trading volume of 91,842 shares, compared to its average volume of 99,552. Coffee has a 52 week low of $1.02 and a 52 week high of $4.66. The firm has a 50 day simple moving average of $3.80 and a 200 day simple moving average of $3.11.
Analyst Ratings Changes
Separately, StockNews.com lowered Coffee from a “buy” rating to a “hold” rating in a research 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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