Key Points
- Community Foundation Oregon sold 176,006 JCTC shares at an average price of $1.85, generating $325,611.10. The sale reduced its ownership by 23.83%, leaving it with 562,528 shares.
- Jewett-Cameron Trading reported a quarterly loss of $0.23 per share on $9.85 million in revenue, alongside a negative net margin of 20.94% and negative return on equity of 38.35%.
- JCTC opened at $3.09, with a 52-week range of $1.54 to $4.02, while its sole analyst rating remains Sell; institutional investors own 26.05% of the stock.
Jewett-Cameron Trading Company (NASDAQ:JCTC - Get Free Report) major shareholder Community Foundation Oregon sold 176,006 shares of the firm's stock in a transaction that occurred on Thursday, August 6th. The shares were sold at an average price of $1.85, for a total transaction of $325,611.10. Following the completion of the transaction, the insider owned 562,528 shares of the company's stock, valued at $1,040,676.80. This trade represents a 23.83% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Large shareholders that own 10% or more of a company's shares are required to disclose their transactions with the SEC.
Community Foundation Oregon also recently made the following trade(s):
- On Thursday, July 9th, Community Foundation Oregon sold 5,282 shares of Jewett-Cameron Trading stock. The shares were sold at an average price of $2.59, for a total transaction of $13,680.38.
- On Wednesday, July 8th, Community Foundation Oregon sold 1,451 shares of Jewett-Cameron Trading stock. The stock was sold at an average price of $2.51, for a total transaction of $3,642.01.
- On Tuesday, July 7th, Community Foundation Oregon sold 18,267 shares of Jewett-Cameron Trading stock. The stock was sold at an average price of $2.50, for a total transaction of $45,667.50.
Jewett-Cameron Trading Price Performance
NASDAQ JCTC opened at $3.09 on Tuesday. Jewett-Cameron Trading Company has a 1 year low of $1.54 and a 1 year high of $4.02. The stock has a market capitalization of $10.88 million, a PE ratio of -1.31 and a beta of 0.34. The company's 50 day simple moving average is $2.42 and its two-hundred day simple moving average is $2.07.
Jewett-Cameron Trading (NASDAQ:JCTC - Get Free Report) last released its quarterly earnings results on Tuesday, July 14th. The company reported ($0.23) EPS for the quarter. The firm had revenue of $9.85 million for the quarter. Jewett-Cameron Trading had a negative net margin of 20.94% and a negative return on equity of 38.35%.
Hedge Funds Weigh In On Jewett-Cameron Trading
Several institutional investors have recently modified their holdings of the company. DRW Securities LLC purchased a new position in shares of Jewett-Cameron Trading during the 4th quarter valued at about $44,000. Susquehanna International Group LLP purchased a new stake in Jewett-Cameron Trading in the third quarter worth approximately $54,000. Finally, Citadel Advisors LLC purchased a new stake in Jewett-Cameron Trading in the third quarter worth approximately $77,000. 26.05% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
Separately, Weiss Ratings upgraded Jewett-Cameron Trading from a "sell (e+)" rating to a "sell (d-)" rating in a research report on Wednesday, August 5th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Jewett-Cameron Trading has an average rating of "Sell".
Check Out Our Latest Stock Report on JCTC
About Jewett-Cameron Trading
(
Get Free Report)
Jewett-Cameron Trading Company Ltd. is a supplier of `Value-added` building materials to major home improvement center chains in the western United States. The Company concentrates on the residential repair and remodeling segment of the building materials industry.
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