StockNews.com initiated coverage on shares of Coffee (NASDAQ:JVA – Free Report) in a research report sent to investors on Wednesday morning. The firm issued a hold rating on the stock.
Coffee Stock Performance
Shares of NASDAQ:JVA opened at $1.66 on Wednesday. Coffee has a 52 week low of $0.67 and a 52 week high of $1.85. The company has a 50-day moving average price of $1.45 and a 200 day moving average price of $1.09.
Coffee (NASDAQ:JVA – Get Free Report) last announced its quarterly earnings data on Monday, March 18th. The company reported $0.06 EPS for the quarter. The firm had revenue of $19.54 million during the quarter. Coffee had a net margin of 0.07% and a return on equity of 0.20%.
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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