StockNews.com assumed coverage on shares of Coffee (NASDAQ:JVA – Get Free Report) in a research note issued on Friday. The firm set a “hold” rating on the stock.
Coffee Trading Down 4.5 %
Shares of NASDAQ JVA opened at $2.12 on Friday. Coffee has a 1 year low of $0.67 and a 1 year high of $2.46. The company has a 50-day moving average price of $1.55 and a 200-day moving average price of $1.35.
About Coffee
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.
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