Coffee (NASDAQ:JVA) Coverage Initiated at StockNews.com

Stock analysts at StockNews.com initiated coverage on shares of Coffee (NASDAQ:JVA) in a research note issued to investors on Thursday. The firm set a “hold” rating on the stock.

Coffee Stock Up 4.0 %

Shares of NASDAQ JVA opened at $2.34 on Thursday. The firm’s 50-day moving average is $1.52 and its two-hundred day moving average is $1.32. Coffee has a 12-month low of $0.67 and a 12-month high of $2.46.

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.