Integrated Wealth Concepts LLC Buys Shares of 10,000 Coffee Holding Co., Inc. (NASDAQ:JVA)

Integrated Wealth Concepts LLC bought a new position in shares of Coffee Holding Co., Inc. (NASDAQ:JVA) in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund bought 10,000 shares of the company’s stock, valued at approximately $32,000.

Separately, Renaissance Technologies LLC lifted its holdings in Coffee by 2.8% during the second quarter. Renaissance Technologies LLC now owns 324,564 shares of the company’s stock worth $759,000 after acquiring an additional 8,900 shares in the last quarter.

Coffee Stock Performance

Shares of JVA stock opened at $4.29 on Friday. Coffee Holding Co., Inc. has a 52 week low of $0.81 and a 52 week high of $4.66. The company’s 50 day moving average price is $3.40 and its two-hundred day moving average price is $2.63.

Coffee (NASDAQ:JVA) last posted its quarterly earnings data on Friday, September 13th. The company reported $0.11 EPS for the quarter. The business had revenue of $18.81 million for the quarter. Coffee had a net margin of 1.48% and a return on equity of 4.66%.

Analyst Ratings Changes

Separately, StockNews.com assumed coverage on Coffee in a report on Wednesday, December 4th. They issued a “buy” rating for the company.

Coffee 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.