Coffee Holding Co., Inc. (NASDAQ:JVA – Get Free Report)’s stock price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $1.11 and traded as high as $1.65. Coffee shares last traded at $1.54, with a volume of 43,489 shares trading hands.
Analysts Set New Price Targets
Separately, StockNews.com began coverage on shares of Coffee in a report on Wednesday, April 24th. They issued a “hold” rating for the company.
Get Our Latest Stock Analysis on JVA
Coffee Stock Performance
Coffee (NASDAQ:JVA – Get Free Report) last announced its earnings results on Monday, March 18th. The company reported $0.06 EPS for the quarter. The business had revenue of $19.54 million during the quarter. Coffee had a return on equity of 0.20% and a net margin of 0.07%.
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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