NEW YORK ( TheStreet) -- Shares of Coffee Holding Company (Nasdaq: JVA) have taken a tremendous swing upward. The stock is trading at $12.81 as of 10:30 a.m. ET, 20.9% above Friday's closing price of $10.60. Volume is at 1.9 million, 4.2 times the daily average of 450,200.

Coffee Holding has a market cap of $51 million and is part of the consumer goods sector and food & beverage industry. Shares are up 35.2% 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 products in three categories: wholesale green coffee, private label coffee, and branded coffee. The company has a P/E ratio of 56.1, above the average food & beverage industry P/E ratio of 16.9 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Coffee Holding as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow. You can view the full Coffee Holding Ratings Report.

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