DALLAS, June 3, 2011 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring Jammin Java Corp. (OTCBB:JAMN). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.
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Jammin Java Corp. (JAMN) is a company focused on providing premium roasted coffee on a wholesale level to the service, hospitality, office coffee service and big box store industries. It is developing a share of the roasted coffee category and creating a leadership position by capitalizing on the success of the Marley Coffee name through its co-branding license relationship with the privately owned Marley Coffee company. This will coincide with its strategy to create other product lines under the Jammin Java brand. JAMN's gourmet product line is positioned for the significant trend and growing consumer awareness towards organic, fairly traded premium and super premium specialty coffees.
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In the report, the analyst notes:
"JAMN plummeted by nearly 12% to a price of $1.42 yesterday, after earlier reaching an intraday high of $1.61. Approximately 5.13 million shares have traded hands during the session, versus the 10-day average volume of 4.97 million. Over the last 52 weeks, JAMN has seen a low of $0.10 and a high of $6.35. It is currently trading above its 50-day moving average of $2.44 and above its 200-day moving average of $1.16. Market capitalization currently stands at $100.53 million and it has 70.79 million outstanding shares."
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