Coffee (NASDAQ:JVA) Issues Quarterly Earnings Results

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

Coffee Stock Performance

Shares of JVA stock traded down $0.05 during trading on Friday, reaching $3.95. The company’s stock had a trading volume of 91,842 shares, compared to its average volume of 99,552. Coffee has a one year low of $1.02 and a one year high of $4.66. The business has a fifty day moving average price of $3.80 and a 200-day moving average price of $3.11.

Analyst Ratings Changes

Separately, StockNews.com cut Coffee from a “buy” rating to a “hold” rating in a report 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.