I’ve blogged about Coffee Holding (JVA) a couple times atleast over the years on StockPursuit.com. I would bring it up when it got below net tangible asset value. That proved to be the floor for the stock on atleast one occasion. Well, it is now trading below net current asset value or quick liquidation value. There is a current market cap of $8.9 with the stock at $1.56 a share. Off of the most recent quarterly report net current asset value is $12 million. There is a 26% discount to net current asset value.
Net-Net Coffee Holding JVA
Net-Net Coffee Holding JVA
Net-Net Coffee Holding JVA
I’ve blogged about Coffee Holding (JVA) a couple times atleast over the years on StockPursuit.com. I would bring it up when it got below net tangible asset value. That proved to be the floor for the stock on atleast one occasion. Well, it is now trading below net current asset value or quick liquidation value. There is a current market cap of $8.9 with the stock at $1.56 a share. Off of the most recent quarterly report net current asset value is $12 million. There is a 26% discount to net current asset value.