Coffee (NASDAQ:JVA) Stock Passes Above Two Hundred Day Moving Average of $1.30

Coffee Holding Co., Inc. (NASDAQ:JVAGet Free Report) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $1.30 and traded as high as $1.97. Coffee shares last traded at $1.95, with a volume of 50,131 shares changing hands.

Analyst Upgrades and Downgrades

Separately, StockNews.com started coverage on shares of Coffee in a report on Thursday. They issued a “hold” rating on the stock.

Get Our Latest Stock Analysis on Coffee

Coffee Price Performance

The company’s fifty day moving average is $1.49 and its 200 day moving average is $1.30.

About Coffee

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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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