NEW YORK (
) -- Shares of
) have taken a tremendous swing upward. The stock is trading at $19.08 as of 3:36 p.m. ET, 20.4% above Friday's closing price of $15.85. Volume is at 1.5 million, one times the daily average of 1.5 million.
Coffee Holding has a market cap of $84.4 million and is part of the
industry. Shares are up 326.1% year to date as of the close of trading on Friday.
Coffee Holding Co., Inc. engages in manufacturing, roasting, packaging, marketing, and distributing roasted and blended coffees in the United States and Canada. The company offers three categories of products: wholesale green coffee, private label coffee, and branded coffee. The company has a P/E ratio of 30.8, above the average food & beverage industry P/E ratio of 25.6 and above the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Coffee Holding as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, robust revenue growth, largely solid financial position with reasonable debt levels by most measures, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full
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