Coffee (NASDAQ:JVA) Posts Quarterly Earnings Results

Coffee (NASDAQ:JVA) posted its earnings results on Friday. The company reported $0.22 earnings per share for the quarter, Zacks reports. Coffee had a return on equity of 4.66% and a net margin of 1.48%.

Coffee Price Performance

Shares of Coffee stock traded down $0.05 on Friday, hitting $3.95. The stock had a trading volume of 91,842 shares, compared to its average volume of 99,552. The business’s 50 day moving average is $3.80 and its two-hundred day moving average is $3.11. Coffee has a twelve month low of $1.02 and a twelve month high of $4.66.

Analysts Set New Price Targets

Separately, StockNews.com cut shares of Coffee from a “buy” rating to a “hold” rating in a research note on Thursday, January 16th.

Coffee Company Profile

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.