Coffee Holding Co., Inc. (NASDAQ:JVA) COO David Gordon Buys 6,856 Shares of Stock

Coffee Holding Co., Inc. (NASDAQ:JVA) COO David Gordon bought 6,856 shares of the business’s stock in a transaction on Thursday, June 27th. The shares were bought at an average price of $2.09 per share, for a total transaction of $14,329.04. Following the completion of the acquisition, the chief operating officer now owns 374,037 shares of the company’s stock, valued at $781,737.33. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Coffee Stock Down 7.3 %

Shares of NASDAQ:JVA opened at $2.17 on Tuesday. Coffee Holding Co., Inc. has a 52-week low of $0.67 and a 52-week high of $2.46. The stock’s 50-day moving average is $1.53 and its 200-day moving average is $1.33.

Wall Street Analyst Weigh In

Separately, StockNews.com began coverage on shares of Coffee in a report on Thursday, June 27th. They set 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.