Coffee (NASDAQ:JVA) Now Covered by StockNews.com

StockNews.com assumed coverage on shares of Coffee (NASDAQ:JVAGet Rating) in a research report sent to investors on Monday morning. The brokerage issued a hold rating on the stock.

Coffee Trading Up 0.9 %

NASDAQ:JVA opened at $2.33 on Monday. The company has a quick ratio of 1.97, a current ratio of 5.51 and a debt-to-equity ratio of 0.21. Coffee has a 1-year low of $2.00 and a 1-year high of $4.70. The firm has a market capitalization of $13.30 million, a price-to-earnings ratio of 33.29 and a beta of 1.08. The stock has a fifty day simple moving average of $2.37 and a 200 day simple moving average of $2.58.

Coffee (NASDAQ:JVAGet Rating) last announced its quarterly earnings data on Wednesday, September 14th. The company reported $0.02 earnings per share (EPS) for the quarter. Coffee had a return on equity of 1.36% and a net margin of 0.58%. The firm had revenue of $17.01 million during the quarter.

Institutional Investors Weigh In On Coffee

An institutional investor recently raised its position in Coffee stock. Renaissance Technologies LLC increased its stake in shares of Coffee Holding Co., Inc. (NASDAQ:JVAGet Rating) by 2.1% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 389,664 shares of the company’s stock after acquiring an additional 8,120 shares during the period. Renaissance Technologies LLC owned 6.83% of Coffee worth $951,000 as of its most recent filing with the SEC. 20.43% of the stock is currently owned by institutional investors.

Coffee Company Profile

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Coffee Holding Co, Inc manufactures, roasts, packages, markets, and distributes roasted and blended coffees in the United States, Australia, Canada, England, and China. The company offers wholesale green coffee products, which include unroasted raw beans of approximately 90 varieties that are sold to large, medium, and small roasters, as well as coffee shop operators.

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