Coffee (NASDAQ:JVA – Get Free Report) issued its quarterly earnings results on Friday. The company reported $0.20 EPS for the quarter, Zacks reports. Coffee had a return on equity of 8.97% and a net margin of 2.82%.
Coffee Trading Up 6.2 %
JVA stock traded up $0.27 during mid-day trading on Friday, hitting $4.61. 455,862 shares of the company were exchanged, compared to its average volume of 126,458. Coffee has a 1-year low of $1.23 and a 1-year high of $9.93. The stock has a market capitalization of $26.32 million, a PE ratio of 11.95 and a beta of 1.38. The business has a 50 day simple moving average of $5.19 and a 200-day simple moving average of $3.96.
Analyst Upgrades and Downgrades
Separately, StockNews.com lowered Coffee from a “buy” rating to a “hold” rating in a report on Wednesday.
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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