Equities research analysts at StockNews.com assumed coverage on shares of Coffee (NASDAQ:JVA – Get Free Report) in a research note issued to investors on Tuesday. The brokerage set a “hold” rating on the stock.
Coffee Trading Up 6.8 %
Shares of NASDAQ JVA opened at $1.72 on Tuesday. The firm’s 50-day moving average price is $1.37 and its 200-day moving average price is $1.05. Coffee has a 1-year low of $0.67 and a 1-year high of $2.03.
Coffee (NASDAQ:JVA – Get Free Report) last posted its earnings results on Monday, March 18th. The company reported $0.06 earnings per share for the quarter. Coffee had a net margin of 0.07% and a return on equity of 0.20%. The company had revenue of $19.54 million for the quarter.
Institutional Investors Weigh In On 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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