Empowered Funds LLC Invests $69,000 in Coffee Holding Co., Inc. (NASDAQ:JVA)

Empowered Funds LLC acquired a new stake in shares of Coffee Holding Co., Inc. (NASDAQ:JVA) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 20,316 shares of the company’s stock, valued at approximately $69,000.

Separately, Integrated Wealth Concepts LLC bought a new position in Coffee during the third quarter valued at approximately $32,000.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded shares of Coffee from a “hold” rating to a “buy” rating in a report on Monday, February 3rd.

Coffee Stock Down 5.8 %

Coffee stock opened at $5.82 on Friday. The firm has a fifty day simple moving average of $4.27 and a two-hundred day simple moving average of $3.45. Coffee Holding Co., Inc. has a twelve month low of $1.15 and a twelve month high of $6.53. The company has a market capitalization of $33.23 million, a PE ratio of 14.92 and a beta of 1.42.

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.