Coffee Holding Co., Inc. (NASDAQ:JVA) COO David Gordon Purchases 6,856 Shares

Coffee Holding Co., Inc. (NASDAQ:JVA) COO David Gordon bought 6,856 shares of the company’s stock in a transaction dated Thursday, June 27th. The stock was purchased at an average price of $2.09 per share, for a total transaction of $14,329.04. Following the purchase, the chief operating officer now owns 374,037 shares of the company’s stock, valued at approximately $781,737.33. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Coffee Stock Down 4.5 %

Coffee stock opened at $2.12 on Thursday. Coffee Holding Co., Inc. has a one year low of $0.67 and a one year high of $2.46. The business’s fifty day moving average is $1.54 and its 200 day moving average is $1.35.

Analysts Set New Price Targets

Separately, StockNews.com initiated coverage on Coffee in a research report on Thursday, June 27th. They issued a “hold” rating on the stock.

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.