Coffee Holding Co., Inc. (NASDAQ:JVA – Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $1.08 and traded as high as $1.70. Coffee shares last traded at $1.69, with a volume of 130,907 shares changing hands.
Wall Street Analysts Forecast Growth
Separately, StockNews.com assumed coverage on Coffee in a research report on Wednesday. They set a “hold” rating for the company.
View Our Latest Stock Analysis on JVA
Coffee Trading Up 1.2 %
Coffee (NASDAQ:JVA – Get Free Report) last released 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 business had revenue of $19.54 million for the quarter.
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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