StockNews.com assumed coverage on shares of Coffee (NASDAQ:JVA – Free Report) in a research note issued to investors on Thursday. The brokerage issued a hold rating on the stock.
Coffee Stock Up 4.8 %
JVA stock opened at $3.52 on Thursday. The company has a market cap of $20.10 million, a price-to-earnings ratio of 50.29 and a beta of 1.32. Coffee has a twelve month low of $0.67 and a twelve month high of $3.88. The business has a 50 day moving average price of $2.67 and a two-hundred day moving average price of $2.07.
Coffee (NASDAQ:JVA – Get Free Report) last released its earnings results on Friday, September 13th. The company reported $0.11 earnings per share for the quarter. Coffee had a net margin of 1.48% and a return on equity of 4.66%. The business had revenue of $18.81 million during the quarter.
Institutional Investors Weigh In On Coffee
About Coffee
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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