I'm trying to knock out some quick trades and made some sales on the consumer confidence data.
Shares of Coffee Holding Company (Nasdaq:JVA) 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.
Market players were too bearish last week and were not prepared for this upside.
The fact that it might not seem very logical is exactly what can keep it going.
This java-related name has been holding support fairly well and I'm waiting to see if it will turn back up.
Even in today's selloff, these stocks look poised to break out and trade higher from current levels.
Shares of Coffee Holding Company (Nasdaq:JVA) were gapping up Thursday morning with an open price 11.4% higher than Wednesday's closing price. The stock closed at $17.24 yesterday and opened today's trading at $19.20.
The top 10 open-market insider purchases and sales filed at the SEC Wednesday.
The ex-dividend date for Coffee Holding Company (Nasdaq:JVA) is tomorrow, July 14, 2011. Owners of shares as of market close today will be eligible for a dividend of 3 cents per share. At a price of $24.15 as of 9:32 a.m., the dividend yield is 0.4%.
Coffee Holding Company (Nasdaq:JVA) hit a new 52-week high Monday as it is currently trading at $29.50, above its previous 52-week high of $26.82 with 367,688 shares traded as of 9:32 a.m. ET. Average volume has been 684,900 shares over the past 30 days.
Coffee Holding Company (Nasdaq:JVA) is trading at unusually high volume Friday with 2.7 million shares changing hands. It is currently at four times its average daily volume and trading up $2.34 (+10.5%).
Shares of Coffee Holding Company (Nasdaq:JVA) have taken a tremendous swing upward. The stock is trading at $21.06 as of 1:06 p.m. ET, 20.3% above Friday's closing price of $17.50. Volume is at 1.3 million, 2.3 times the daily average of 585,800.
Coffee Holding Company (Nasdaq:JVA) hit a new 52-week high Friday as it is currently trading at $16.83, above its previous 52-week high of $16.69 with 721,779 shares traded as of 12:06 p.m. ET. Average volume has been 570,500 shares over the past 30 days.
Coffee Holding Company (Nasdaq:JVA) hit a new 52-week high Friday as it is currently trading at $15.67, above its previous 52-week high of $15.50 with 1.6 million shares traded as of 1:41 p.m. ET. Average volume has been 445,100 shares over the past 30 days.
Coffee Holding skyrockets after the little-known wholesale coffee roaster posts strong quarterly results, aided by a well-managed coffee costs.
Coffee Holding Company (Nasdaq:JVA) is trading at unusually high volume Friday with 1.2 million shares changing hands. It is currently at 4.1 times its average daily volume and trading up $1.53 (+12.6%).
Coffee Holding Company (Nasdaq:JVA) hit a new 52-week high Thursday as it is currently trading at $9.22, above its previous 52-week high of $8.50 with 194,261 shares traded as of 9:31 a.m. ET. Average volume has been 293,700 shares over the past 30 days.
Here's a list of companies that have recently announced buybacks.
Cardica is soaring.
