March 26, 2023

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Coffee (NASDAQ:JVA) Receives New Coverage from Analysts at

Coffee (NASDAQ:JVA) Receives New Coverage from Analysts at commenced protection on shares of Coffee (NASDAQ:JVA – Get Rating) in a report released on Monday. The brokerage issued a hold ranking on the stock.

Coffee Stock Down 1. %

Shares of Coffee inventory opened at $1.90 on Monday. The corporation has a swift ratio of 1.97, a recent ratio of 5.51 and a credit card debt-to-fairness ratio of .21. Espresso has a 12 month lower of $1.73 and a 12 month significant of $4.00. The organization has a fifty working day straightforward moving average of $2.19 and a 200 working day easy shifting normal of $2.28. The inventory has a market place cap of $10.85 million, a PE ratio of 27.14 and a beta of 1.22.

Institutional Traders Weigh In On Espresso

A quantity of institutional traders have just lately produced changes to their positions in JVA. Renaissance Systems LLC lifted its holdings in Espresso by 2.1% throughout the second quarter. Renaissance Technologies LLC now owns 389,664 shares of the company’s stock worthy of $951,000 right after acquiring an supplemental 8,120 shares in the previous quarter. Ancora Advisors LLC lifted its holdings in Coffee by 186.4% all through the initially quarter. Ancora Advisors LLC now owns 349,034 shares of the company’s inventory value $1,725,000 right after buying an additional 227,147 shares in the last quarter. Last but not least, Millennium Administration LLC bought a new placement in Coffee throughout the fourth quarter well worth about $43,000. 20.43% of the inventory is owned by institutional investors and hedge money.

About Espresso

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Coffee Keeping Co, Inc is wholesale espresso roaster and seller in the U.S. Its products and solutions are divided into 3 classes: Wholesale Green Espresso, Personal Label Coffee and Branded Coffee. The Wholesale Environmentally friendly Coffee is made up of unroasted raw beans imported from around the world and offered to massive and smaller roasters and espresso shop operators.

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