Coffee Holding Co., Inc. (NASDAQ:JVA)’s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $3.49 and traded as high as $4.89. Coffee shares last traded at $4.89, with a volume of 267,765 shares.
The stock has a market cap of $27.24 million, a PE ratio of -489,000.00 and a beta of 1.55. The company has a debt-to-equity ratio of 0.14, a current ratio of 7.23 and a quick ratio of 2.60. The company’s fifty day moving average is $3.90 and its 200-day moving average is $3.49.
An institutional investor recently raised its position in Coffee stock. Aristides Capital LLC grew its stake in Coffee Holding Co., Inc. (NASDAQ:JVA) by 89.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 37,807 shares of the company’s stock after purchasing an additional 17,807 shares during the quarter. Aristides Capital LLC owned approximately 0.68% of Coffee worth $132,000 as of its most recent SEC filing. 27.04% of the stock is owned by hedge funds and other institutional investors.
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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