Coffee Holding Co., Inc. (JVA) Posts Quarterly Earnings Results
Coffee Holding Co., Inc. (NASDAQ:JVA) released its quarterly earnings results on Wednesday. The company reported $0.01 earnings per share for the quarter, Bloomberg Earnings reports. Coffee Holding Co. had a return on equity of 5.18% and a net margin of 1.83%. The company had revenue of $17.98 million for the quarter.
Coffee Holding Co. (NASDAQ:JVA) opened at 4.33 on Thursday. Coffee Holding Co. has a 52 week low of $3.76 and a 52 week high of $5.86. The stock has a market cap of $25.37 million, a PE ratio of 19.86 and a beta of 1.58. The firm’s 50-day moving average price is $4.02 and its 200-day moving average price is $4.49.
In other news, insider Andrew Gordon acquired 10,000 shares of the company’s stock in a transaction that occurred on Friday, June 16th. The shares were bought at an average price of $4.41 per share, with a total value of $44,100.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 10.51% of the stock is owned by corporate insiders.
Coffee Holding Co. Company Profile
Coffee Holding Co, Inc is a wholesale coffee roaster and dealer in the United States. The Company is engaged in manufacturing, roasting, packaging, marketing and distributing roasted and blended coffees for private labeled accounts and its own brands, and it sells green coffee. The Company’s products can be divided into three categories: Wholesale Green Coffee, Private Label Coffee and Branded Coffee.
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