Coffee (NASDAQ:JVA) Releases Earnings Results

Coffee (NASDAQ:JVA) released its quarterly earnings data on Friday. The company reported $0.20 earnings per share for the quarter, Zacks reports. Coffee had a return on equity of 8.97% and a net margin of 2.82%.

Coffee Price Performance

Shares of JVA traded up $0.27 during midday trading on Friday, hitting $4.61. The stock had a trading volume of 455,862 shares, compared to its average volume of 126,458. The firm has a market cap of $26.32 million, a price-to-earnings ratio of 11.95 and a beta of 1.38. The company has a 50 day simple moving average of $5.19 and a two-hundred day simple moving average of $3.96. Coffee has a twelve month low of $1.23 and a twelve month high of $9.93.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered shares of Coffee from a “buy” rating to a “hold” rating in a research note on Wednesday.

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.