Coffee (NASDAQ:JVA) Shares Cross Above Two Hundred Day Moving Average of $1.23

Coffee Holding Co., Inc. (NASDAQ:JVAGet Free Report)’s stock price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $1.23 and traded as high as $1.32. Coffee shares last traded at $1.27, with a volume of 49,468 shares changing hands.

Analyst Ratings Changes

Separately, StockNews.com started coverage on Coffee in a report on Monday, June 3rd. They issued a “hold” rating on the stock.

Get Our Latest Research Report on JVA

Coffee Stock Down 3.1 %

The stock has a 50 day simple moving average of $1.49 and a 200 day simple moving average of $1.23. The company has a market cap of $7.25 million, a price-to-earnings ratio of 127.00 and a beta of 1.16.

Coffee (NASDAQ:JVAGet Free Report) last issued its quarterly earnings data on Monday, March 18th. The company reported $0.06 EPS for the quarter. The company had revenue of $19.54 million for the quarter. Coffee had a return on equity of 0.20% and a net margin of 0.07%.

About Coffee

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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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