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Coffee Holding Co. Inc. (NASDAQ:JVA) is Gaining Momentum on Earnings Catalyst

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Coffee Holding Co. Inc. (JVA) shares are trading at higher $3.31.

To add more color to this target, the company’s high over the last year is $5.20 and the low is $1.76. Over the last 52 weeks, JVA is down -36.35% while the S&P 500 is up 0.22%. The catalyst for this interesting swing was the company’s recent earnings report.

A Notable Earnings Report

In the last quarter, JVA reported a profit of $4.51 million. Coffee Holding Co. Inc. also saw revenues increase to $20.1 million. In addition, JVA has free cash flow of $2.31 million as of 04-2020. The company’s EBITDA came in at $1.19 million which compares well with its peers.

JVA booked profit margins of -0.30%, its Return on Equity (ROE) is -1.10%, and its Return on Assets is -0.70%. All told, it is clear that, JVA needs to be on your watchlist.

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Of course, we must look beyond the financials and question how well those numbers represent the sustainable earnings power of the business. Investors need to know how sustainable this current run. JVA has a short ratio of 0.34 and outstanding shares of 5.57M.

Company Outlook

JVA has seen increased volume after this news and investors are putting their support behind the value proposition. Furthermore, 10-day volume stands at 31010.0 and more growth is possible in the weeks ahead. Traders will also note the company’s earnings per share came in at -0.05. Coffee Holding Co. Inc. JVA also noted assets of $41.0 million at the end of the last quarter. Investors should also keep an eye on sector updates as JVA has historically followed its peers on positive news.

All told, Coffee Holding Co. Inc. JVA has strung together solid data and demonstrated underlying fundamentals. At its current valuation, JVA represents an interesting risk/reward case. Traders should stay tuned to see if this recent report will push the stock to test recent resistance levels.

Coffee Holding Co. Inc. JVA is now commanding a market cap of 17.97M and a float of 4.83M. JVA is increasing its credibility in this sector and that could lead to more upside down the line. Sign-up for continuing coverage on shares of JVA stock, as well as other hot stock picks, get our free newsletter today and get our next breakout pick!

Disclosure: we hold no position in JVA, either long or short, and we have not been compensated for this article.

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