NEW YORK ( TheStreet) -- Coffee Holding Company (Nasdaq: JVA) is trading at unusually high volume Tuesday with 2.9 million shares changing hands. It is currently at 6.6 times its average daily volume and trading up $1.34 (+10.4%) at $14.20 as of 11:03 a.m. ET. Coffee Holding has a market cap of $51 million and is part of the consumer goods sector and food & beverage industry. Shares are up 64% year to date as of the close of trading on Monday. 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 55.8, 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. See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center. Interested in other stocks that are rising on unusually high volume? Get free SMS text alerts sent to you when the action happens by texting HVUP to 95370 or select from multiple alert options.
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