StockNews.com Begins Coverage on Coffee (NASDAQ:JVA)

StockNews.com started coverage on shares of Coffee (NASDAQ:JVAFree Report) in a research report report published on Wednesday morning. The brokerage issued a hold rating on the stock.

Coffee Trading Down 0.6 %

Shares of NASDAQ:JVA opened at $1.66 on Wednesday. Coffee has a 12 month low of $0.67 and a 12 month high of $1.85. The firm’s 50-day moving average is $1.44 and its 200 day moving average is $1.08.

Coffee (NASDAQ:JVAGet Free Report) last released its earnings results on Monday, March 18th. The company reported $0.06 EPS for the quarter. Coffee had a return on equity of 0.20% and a net margin of 0.07%. The firm had revenue of $19.54 million for the quarter.

About Coffee

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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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