Coffee Holding Co Inc [NASDAQ: JVA] stock went on a downward path that fall over -2.66% on Friday, amounting to a one-week price decrease of less than -2.14%.
Over the last 12 months, JVA stock rose by 258.82%. The one-year Coffee Holding Co Inc stock forecast points to a potential upside of 47.71. The average equity rating for JVA stock is currently 1.00, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $20.89 million, with 5.71 million shares outstanding and 4.98 million shares in the current float. Compared to the average trading volume of 106.99K shares, JVA stock reached a trading volume of 266229 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Coffee Holding Co Inc [JVA]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for JVA shares is $7.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on JVA stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Maxim Group have made an estimate for Coffee Holding Co Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on January 31, 2020. While these analysts kept the previous recommendation, Maxim Group dropped their target price from $9 to $11. The new note on the price target was released on March 08, 2019, representing the official price target for Coffee Holding Co Inc stock. Previously, the target price had yet another raise from $7 to $8, while Maxim Group kept a Buy rating on JVA stock.
The Average True Range (ATR) for Coffee Holding Co Inc is set at 0.29, with the Price to Sales ratio for JVA stock in the period of the last 12 months amounting to 0.27. The Price to Book ratio for the last quarter was 0.84, with the Price to Cash per share for the same quarter was set at 0.54. Price to Free Cash Flow for JVA in the course of the last twelve months was 4.48 with Quick ratio for the last quarter at 1.68.
JVA Stock Performance Analysis:
Coffee Holding Co Inc [JVA] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.14. With this latest performance, JVA shares dropped by -14.29% in over the last four-week period, additionally plugging by 46.99% over the last 6 months – not to mention a rise of 258.82% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for JVA stock in for the last two-week period is set at 47.68, with the RSI for the last a single of trading hit 45.73, and the three-weeks RSI is set at 49.35 for Coffee Holding Co Inc [JVA]. The present Moving Average for the last 50 days of trading for this stock 3.67, while it was recorded at 3.68 for the last single week of trading, and 2.55 for the last 200 days.
Insight into Coffee Holding Co Inc Fundamentals:
Coffee Holding Co Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.68 and a Current Ratio set at 3.65.
Coffee Holding Co Inc [JVA] Institutonal Ownership Details
There are presently around $14.19%, or 16.25%% of JVA stock, in the hands of institutional investors. The top three institutional holders of JVA stocks are: RENAISSANCE TECHNOLOGIES LLC with ownership of 0.32 million shares, which is approximately 5.6855%. VANGUARD GROUP INC, holding 0.16 million shares of the stock with an approximate value of $$0.39 million in JVA stocks shares; and VANGUARD GROUP INC, currently with $$0.12 million in JVA stock with ownership which is approximately 0.9023%.
