Key Points
- Ajb Investment Fund II purchased 7,915 Jewett-Cameron Trading shares at an average $2.92 each, increasing its position 1.66% to 484,886 shares valued at approximately $1.42 million.
- JCTC shares opened at $2.94, with a market capitalization of about $10.33 million. The company reported a quarterly loss of $0.23 per share on $9.85 million in revenue, alongside a negative 20.94% net margin.
- Institutional investors own 26.05% of the stock, while the analyst consensus remains “Sell”; Weiss Ratings recently upgraded its rating from “sell (e+)” to “sell (d-).”
Jewett-Cameron Trading Company (NASDAQ:JCTC - Get Free Report) major shareholder Ajb Investment Fund Ii, Lp bought 7,915 shares of the stock in a transaction dated Friday, September 4th. The shares were purchased at an average price of $2.92 per share, with a total value of $23,111.80. Following the completion of the transaction, the insider directly owned 484,886 shares in the company, valued at approximately $1,415,867.12. The trade was a 1.66% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Major shareholders that own 10% or more of a company's shares are required to disclose their transactions with the SEC.
Ajb Investment Fund Ii, Lp also recently made the following trade(s):
- On Tuesday, September 8th, Ajb Investment Fund Ii, Lp purchased 500 shares of Jewett-Cameron Trading stock. The shares were acquired at an average cost of $2.90 per share, for a total transaction of $1,450.00.
- On Thursday, August 27th, Ajb Investment Fund Ii, Lp acquired 2,327 shares of Jewett-Cameron Trading stock. The shares were acquired at an average price of $2.90 per share, with a total value of $6,748.30.
- On Wednesday, August 26th, Ajb Investment Fund Ii, Lp bought 209 shares of Jewett-Cameron Trading stock. The stock was acquired at an average price of $2.90 per share, for a total transaction of $606.10.
- On Tuesday, August 25th, Ajb Investment Fund Ii, Lp bought 5,991 shares of Jewett-Cameron Trading stock. The shares were acquired at an average price of $2.90 per share, for a total transaction of $17,373.90.
- On Monday, August 24th, Ajb Investment Fund Ii, Lp purchased 1,197 shares of Jewett-Cameron Trading stock. The stock was bought at an average price of $2.90 per share, with a total value of $3,471.30.
- On Friday, August 21st, Ajb Investment Fund Ii, Lp acquired 854 shares of Jewett-Cameron Trading stock. The shares were bought at an average price of $2.90 per share, for a total transaction of $2,476.60.
- On Thursday, August 20th, Ajb Investment Fund Ii, Lp bought 10,043 shares of Jewett-Cameron Trading stock. The stock was bought at an average price of $2.90 per share, with a total value of $29,124.70.
- On Friday, August 14th, Ajb Investment Fund Ii, Lp bought 519 shares of Jewett-Cameron Trading stock. The shares were bought at an average cost of $2.90 per share, for a total transaction of $1,505.10.
- On Thursday, August 13th, Ajb Investment Fund Ii, Lp purchased 15,457 shares of Jewett-Cameron Trading stock. The shares were bought at an average price of $2.90 per share, for a total transaction of $44,825.30.
- On Wednesday, August 12th, Ajb Investment Fund Ii, Lp acquired 1,002 shares of Jewett-Cameron Trading stock. The shares were purchased at an average cost of $2.89 per share, with a total value of $2,895.78.
Jewett-Cameron Trading Stock Up 0.2%
JCTC stock opened at $2.94 on Wednesday. Jewett-Cameron Trading Company has a twelve month low of $1.54 and a twelve month high of $3.82. The stock has a market capitalization of $10.33 million, a price-to-earnings ratio of -1.25 and a beta of 0.36. The firm's fifty day simple moving average is $2.78 and its two-hundred day simple moving average is $2.22.
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 return on equity of 38.35% and a negative net margin of 20.94%.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently bought and sold shares of the company. Susquehanna International Group LLP purchased a new position in Jewett-Cameron Trading during the 3rd quarter worth $54,000. DRW Securities LLC purchased a new stake in shares of Jewett-Cameron Trading in the 4th quarter worth $44,000. Finally, Citadel Advisors LLC bought a new position in shares of Jewett-Cameron Trading during the 3rd quarter worth $77,000. Institutional investors own 26.05% of the company's stock.
Analysts Set New Price Targets
Separately, Weiss Ratings raised Jewett-Cameron Trading from a "sell (e+)" rating to a "sell (d-)" rating in a research note on Wednesday, August 5th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Jewett-Cameron Trading presently has a consensus rating of "Sell".
Read Our Latest Analysis 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.
Further Reading
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