Andrew Gordon Acquires 10,000 Shares of Coffee Holding Co., Inc. (NASDAQ:JVA) Stock

Coffee Holding Co., Inc. (NASDAQ:JVA) CEO Andrew Gordon purchased 10,000 shares of the company’s stock in a transaction that occurred on Monday, July 1st. The shares were acquired at an average cost of $2.15 per share, with a total value of $21,500.00. Following the completion of the acquisition, 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 SEC, which is available at 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 acquired at an average cost of $2.09 per share, with a total value of $20,900.00.

Coffee Price Performance

NASDAQ JVA opened at $2.22 on Wednesday. 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 $1.34.

Wall Street Analysts Forecast Growth

Separately, StockNews.com started coverage on Coffee in a research note on Thursday, June 27th. They issued 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.