Coffee (NASDAQ:JVA) Share Price Passes Above 200 Day Moving Average – Should You Sell?

Shares of Coffee Holding Co., Inc. (NASDAQ:JVA) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $3.85 and traded as high as $4.51. Coffee shares last traded at $4.29, with a volume of 88,494 shares changing hands.

Wall Street Analyst Weigh In

Separately, Weiss Ratings upgraded shares of Coffee from a “sell (d+)” rating to a “hold (c)” rating in a research note on Wednesday, February 4th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has a consensus rating of “Hold”.

Coffee Trading Up 0.9%

The company has a market cap of $24.50 million, a PE ratio of 12.62 and a beta of 1.62. The firm has a 50 day moving average of $3.47 and a two-hundred day moving average of $3.85.

Coffee (NASDAQ:JVA) last released its earnings results on Monday, March 16th. The company reported $0.29 EPS for the quarter. Coffee had a return on equity of 6.82% and a net margin of 1.88%.The business had revenue of $25.57 million for the quarter.

Coffee Announces Dividend

The company also recently declared a dividend, which was paid on Thursday, February 26th. Investors of record on Tuesday, February 10th were paid a $0.08 dividend. The ex-dividend date was Tuesday, February 10th. Coffee’s payout ratio is presently 23.53%.

Institutional Trading of Coffee

A number of institutional investors and hedge funds have recently bought and sold shares of the company. XTX Topco Ltd purchased a new position in Coffee in the fourth quarter worth about $42,000. Mcintyre Freedman & Flynn Investment Advisers Inc. purchased a new stake in shares of Coffee during the second quarter valued at approximately $43,000. Virtu Financial LLC bought a new stake in shares of Coffee during the third quarter valued at approximately $53,000. Jump Financial LLC purchased a new position in Coffee in the 2nd quarter worth approximately $58,000. Finally, Acadian Asset Management LLC purchased a new position in Coffee in the 1st quarter worth approximately $73,000.

About Coffee

Coffee Holding Company, Inc (NASDAQ: JVA) is a specialty coffee roaster and distributor headquartered in Lakewood, New Jersey. The company’s core activities encompass the importation of green coffee beans, artisanal roasting and blending, and the packaging of coffee and tea products for wholesale customers. Through its operations, Coffee Holding Company serves a diverse client base that includes coffeehouses, restaurants, hotels, health care facilities, vending operators and retail chains.

The company’s product offering spans whole‐bean and ground coffees, single‐serve pods, cold brew formats and bulk tea selections, with both branded and private‐label solutions.