StockNews.com initiated coverage on shares of Coffee (NASDAQ:JVA – Free Report) in a report published on Wednesday morning. The brokerage issued a hold rating on the stock.
Coffee Trading Down 0.6 %
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 firm has a 50-day moving average price of $1.44 and a 200 day moving average price of $1.08.
Coffee (NASDAQ:JVA – Get Free Report) last posted its quarterly earnings results on Monday, March 18th. The company reported $0.06 earnings per share (EPS) for the quarter. The company 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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