Coffee (NASDAQ:JVA) Stock Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

Coffee Holding Co., Inc. (NASDAQ:JVA)’s stock price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $3.86 and traded as high as $4.59. Coffee shares last traded at $4.50, with a volume of 48,427 shares trading hands.

Analysts Set New Price Targets

JVA has been the topic of several analyst reports. Wall Street Zen upgraded shares of Coffee to a “hold” rating in a research note on Saturday, May 2nd. Weiss Ratings upgraded shares of Coffee from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, May 18th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock has a consensus rating of “Hold”.

Coffee Price Performance

The firm’s fifty day moving average price is $4.41 and its 200-day moving average price is $3.86. The firm has a market capitalization of $24.43 million, a P/E ratio of 12.59 and a beta of 1.37.

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

Institutional Trading of Coffee

A number of large investors have recently added to or reduced their stakes in JVA. XTX Topco Ltd bought a new stake in Coffee during the fourth quarter worth approximately $42,000. Virtu Financial LLC bought a new stake in Coffee during the third quarter worth approximately $53,000. Jump Financial LLC bought a new stake in Coffee during the second quarter worth approximately $58,000. Acadian Asset Management LLC bought a new stake in Coffee during the first quarter worth approximately $73,000. Finally, Mcintyre Freedman & Flynn Investment Advisers Inc. boosted its holdings in Coffee by 65.0% during the third quarter. Mcintyre Freedman & Flynn Investment Advisers Inc. now owns 16,500 shares of the company’s stock worth $75,000 after buying an additional 6,500 shares in the last quarter.

Coffee Company Profile

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.