Revenue Update on Coffee Holding Co.(NASDAQ:JVA)

Coffee Holding Co.(NASDAQ:JVA) announced the earnings results for Fiscal Year 2017 and Q1. The results came in during Pre-Market on Mar 17, 2017. Based on the corporate Earnings and Guidance, many Investment Banking firms balance their portfolio to Sell and Buy Stocks based on their strategy of investing in stocks.Earnings per share were $0.06.

Coffee Holding Co. (JVA) made into the market gainers list on Wednesdays trading session with the shares advancing 0.19% or 0.0089 points. Due to strong positive momentum, the stock ended at $4.7589, which is also near the day’s high of $4.79. The stock began the session at $4.79 and the volume stood at 14,285 shares. The 52-week high of the shares is $6.15 and the 52 week low is $3.5009. The company has a current market capitalization of $28 M and it has 58,63,302 shares in outstanding.

Several Insider Transactions has been reported to the SEC. On Sep 20, 2016, Andrew Gordon (CEO) purchased 8,000 shares at $5.39 per share price.Also, On Mar 30, 2016, Daniel Dwyer (director) purchased 200 shares at $4.00 per share price.On Oct 13, 2015, John Rotelli (director) purchased 750 shares at $4.11 per share price, according to the Form-4 filing with the securities and exchange commission.

Coffee Holding Co. Inc. is a wholesale coffee roaster and dealer. The Company conducts wholesale coffee operations including manufacturing roasting packaging marketing and distributing roasted and blended coffees for private labeled accounts and its own brands and it sells green coffee. Its products are divided into three categories: wholesale green coffee private label coffee and branded coffee. The wholesale green coffee includes unroasted raw beans imported from across the world and sold to roasters and coffee shop operators. The private label coffee consists of coffee roasted blended packaged and sold under the specifications and names of others including supermarkets that want to have their own brand name on coffee. The branded coffee includes coffee roasted and blended according to the Company’s own specifications and packaged and sold under the Company’s seven and licensed brand names in different segments of the market.

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