Why Coffee Holding (JVA) Stock Is Falling Today

NEW YORK (TheStreet) -- Shares of Coffee Holding Co.  (JVA) are lower, down -7.70% to $7.19, on Tuesday.

The company reported a second quarter profit of $1.26 million, or 19 cents per share, compared to a loss of $395,000, or 6 cents per share, a year ago.

However, net sales declined to $25.4 million for the three months ended April 30 from $36.7 million in the same period a year ago.

Coffee Holding cited a decrease of 20% in pounds of green coffee sold during the quarter as a result of market volatility and a significant increase in coffee prices.

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TheStreet Ratings team rates COFFEE HOLDING CO INC as a Hold with a ratings score of C-. TheStreet Ratings Team has this to say about their recommendation:

"We rate COFFEE HOLDING CO INC (JVA) a HOLD. The primary factors that have impacted our rating are mixed some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its increase in net income, largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity and poor profit margins."

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