Coffee Holding Co., Inc. (NASDAQ:JVA) COO Acquires $14,329.04 in Stock

Coffee Holding Co., Inc. (NASDAQ:JVA) COO David Gordon acquired 6,856 shares of the business’s stock in a transaction dated Thursday, June 27th. The stock was purchased at an average price of $2.09 per share, with a total value of $14,329.04. Following the completion of the transaction, the chief operating officer now directly owns 374,037 shares of the company’s stock, valued at approximately $781,737.33. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Coffee Price Performance

NASDAQ:JVA opened at $2.12 on Thursday. Coffee Holding Co., Inc. has a 52-week low of $0.67 and a 52-week high of $2.46. The stock has a fifty day moving average of $1.54 and a 200 day moving average of $1.35.

Analyst Upgrades and Downgrades

Separately, StockNews.com started coverage on shares of Coffee in a report on Thursday, June 27th. They issued a “hold” rating for the company.

About Coffee

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.