Coffee Holding Co., Inc. (NASDAQ:JVA) CEO Acquires $21,500.00 in Stock

Coffee Holding Co., Inc. (NASDAQ:JVA) CEO Andrew Gordon acquired 10,000 shares of the stock in a transaction dated Monday, July 1st. The stock was acquired at an average cost of $2.15 per share, with a total value of $21,500.00. Following the transaction, the chief executive officer now directly owns 39,000 shares in the company, valued at $83,850. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Andrew Gordon also recently made the following trade(s):

• On Thursday, June 27th, Andrew Gordon purchased 10,000 shares of Coffee stock. The shares were purchased at an average cost of $2.09 per share, with a total value of $20,900.00.

Coffee Stock Performance

Shares of JVA stock traded down $0.17 on Monday, hitting $2.17. The company had a trading volume of 136,372 shares, compared to its average volume of 46,987. Coffee Holding Co., Inc. has a twelve month low of $0.67 and a twelve month high of $2.46. The company has a 50-day moving average price of $1.52 and a 200-day moving average price of $1.32.

Analyst Upgrades and Downgrades

Separately, StockNews.com started coverage on Coffee in a research report on Thursday. They set a “hold” rating for the company.

Coffee Company 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.