Shares of Coffee Holding Co., Inc. (NASDAQ:JVA – Get Free Report) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $3.82 and traded as high as $4.27. Coffee shares last traded at $4.18, with a volume of 33,828 shares trading hands.
Analysts Set New Price Targets
A number of equities research analysts have recently issued reports on the stock. Weiss Ratings restated a “hold (c)” rating on shares of Coffee in a report on Monday, May 4th. Wall Street Zen upgraded shares of Coffee to a “hold” rating in a report on Saturday, May 2nd. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Hold”.
Read Our Latest Stock Report on JVA
Coffee Price Performance
Coffee (NASDAQ:JVA – Get Free Report) last posted its quarterly earnings results on Monday, March 16th. The company reported $0.29 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
Several institutional investors have recently made changes to their positions in the stock. Dimensional Fund Advisors LP boosted its holdings in shares of Coffee by 10.6% during the third quarter. Dimensional Fund Advisors LP now owns 87,819 shares of the company’s stock worth $401,000 after purchasing an additional 8,448 shares during the period. Citadel Advisors LLC acquired a new stake in shares of Coffee during the third quarter worth approximately $322,000. DRW Securities LLC acquired a new stake in shares of Coffee during the fourth quarter worth approximately $261,000. Two Sigma Investments LP lifted its stake in Coffee by 53.8% in the third quarter. Two Sigma Investments LP now owns 44,919 shares of the company’s stock valued at $205,000 after acquiring an additional 15,711 shares during the last quarter. Finally, Empowered Funds LLC lifted its stake in Coffee by 10.1% in the first quarter. Empowered Funds LLC now owns 38,420 shares of the company’s stock valued at $163,000 after acquiring an additional 3,538 shares during 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.
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