Consumer Goods Losers: Quantum Fuel Systems Tech Worldwide (NASDAQ:QTWW), Joe’s Jeans (NASDAQ:JOEZ), Castle Brands (NYSEMKT:ROX), Coffee Holding (NASDAQ:JVA)

Posted by on Apr 16, 2014

Investment analysts at Dougherty & Co assumed coverage on shares of Quantum Fuel Systems Tech Worldwide (NASDAQ:QTWW) in a note issued to investors on Tuesday, TheFlyOnTheWall.com reports. The firm set a “buy” rating on the stock. Quantum Fuel Systems Tech Worldwide Inc. (NASDAQ:QTWW) shares after opening at $8.12 moved to $8.34 on last trade day and at the end of the day closed at $7.59. Company price to sales ratio in past twelve months was calculated as 7.02 and price to cash ratio as 31.11. Quantum Fuel Systems Tech Worldwide Inc. (NASDAQ:QTWW) showed a negative weekly performance of -6.64%.

Zacks lowered shares of Joe’s Jeans (NASDAQ:JOEZ) from an outperform rating to a neutral rating in a report released on Monday, Analyst Ratings Net reports. Zacks currently has $1.40 price objective on the stock. Joe’s Jeans Inc. (NASDAQ:JOEZ) shares fell -5.56% in last trading session and ended the day on $1.02. JOEZ return on equity ratio is recorded as -11.00% and its return on assets is -5.90%. Joe’s Jeans Inc. (NASDAQ:JOEZ) yearly performance is -42.37%.

On April 2, 2014, Castle Brands Inc. (NYSEMKT:ROX) called for cancellation all 1,657,802 unexercised common stock purchase warrants issued in June and October 2011 (“Warrants”) pursuant to the terms of such Warrants after satisfying applicable conditions. Castle Brands Inc. (NYSEMKT:ROX) shares moved down -5.88% in last trading session and was closed at $1.12, while trading in range of $1.04 – $1.22. Castle Brands Inc. (NYSEMKT:ROX) year to date (YTD) performance is 47.37%.

Coffee Holding Co., Inc. (NASDAQ:JVA) reported net income of $1,371,740, or $0.22 per share basic and $0.21 per share diluted, for the three months ended January 31, 2014 compared to net income of $937,537 or $0.15 per share basic and $0.14 per share diluted, for the three months ended January 31, 2013. The increase in net income reflects increased profitability on our sales. Coffee Holding Co., Inc. (NASDAQ:JVA) weekly performance is -16.75%. On last trading day company shares ended up $6.86. Coffee Holding Co., Inc. (NASDAQ:JVA) distance from 50-day simple moving average (SMA50) is -0.03%. Analysts mean target price for the company is $10.00.

Leave a Reply

Your email address will not be published. Required fields are marked *