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

StockNews.com assumed coverage on shares of Coffee (NASDAQ:JVAGet Free Report) in a report issued on Sunday. The brokerage set a “hold” rating on the stock.

Coffee Price Performance

NASDAQ JVA opened at $1.36 on Friday. Coffee has a 52-week low of $0.67 and a 52-week high of $1.85. The firm has a 50-day moving average price of $1.51 and a 200 day moving average price of $1.20.

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

Coffee Company Profile

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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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