JVA Stock Summary and Trading Ideas (Coffee Holding Co. | NASDAQ:JVA)

Coffee Holding Co Inc is engaged in the business of wholesale coffee operations, including manufacturing, roasting, packaging, marketing and distributing roasted and blended coffees for private labeled accounts and its own brands, and it sells green coffee. Its products include wholesale green coffee, private-label coffee, and branded coffee. The company sells its coffee products throughout the United States, Canada and certain countries in Asia.

Coffee Holding Co. trades on the NASDAQ stock market under the symbol JVA.

As of May 3, 2024, JVA stock price declined to $1.42 with 32,140 million shares trading.

JVA has a beta of 0.91, meaning it tends to be less sensitive to market movements. JVA has a correlation of 0.05 to the broad based SPY ETF.

JVA has a market cap of $8.11 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, JVA stock traded as high as $6.28 and as low as $.67.

The top ETF exchange traded funds that JVA belongs to (by Net Assets): VXF.

JVA has underperformed the market in the last year with a price return of -10.1% while the SPY ETF gained +26.1%. However, in the short term, JVA had mixed performance relative to the market. It has outperformed in the last 3 months, returning +31.5% vs +3.7% return in SPY. But in the last 2 weeks, JVA shares have been beat by the market, returning -21.5% compared to an SPY return of +2.4%.

JVA support price is $1.37 and resistance is $1.55 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that JVA stock will trade within this expected range on the day.