Key Points
- Ajb Investment Fund II increased its Jewett-Cameron Trading stake by purchasing 5,900 shares at $2.90 each, a $17,110 transaction that raised its holdings to 491,300 shares.
- The fund has made numerous additional purchases since August, indicating continued insider accumulation of JCTC shares around $2.90 per share.
- JCTC opened at $2.92, with a $10.28 million market capitalization, while the company reported a quarterly loss of $0.23 per share and analysts maintained an overall “Sell” rating.
Jewett-Cameron Trading Company (NASDAQ:JCTC - Get Free Report) major shareholder Ajb Investment Fund Ii, Lp bought 5,900 shares of the company's stock in a transaction dated Monday, September 14th. The stock was bought at an average price of $2.90 per share, for a total transaction of $17,110.00. Following the transaction, the insider owned 491,300 shares of the company's stock, valued at approximately $1,424,770. This trade represents a 1.22% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Large shareholders that own at least 10% of a company's stock are required to disclose their transactions with the SEC.
Ajb Investment Fund Ii, Lp also recently made the following trade(s):
- On Friday, September 11th, Ajb Investment Fund Ii, Lp purchased 6 shares of Jewett-Cameron Trading stock. The shares were bought at an average price of $2.88 per share, with a total value of $17.28.
- On Thursday, September 10th, Ajb Investment Fund Ii, Lp purchased 8 shares of Jewett-Cameron Trading stock. The stock was bought at an average cost of $2.91 per share, for a total transaction of $23.28.
- On Tuesday, September 8th, Ajb Investment Fund Ii, Lp purchased 500 shares of Jewett-Cameron Trading stock. The stock was bought at an average cost of $2.90 per share, for a total transaction of $1,450.00.
- On Friday, September 4th, Ajb Investment Fund Ii, Lp acquired 7,915 shares of Jewett-Cameron Trading stock. The stock was purchased at an average price of $2.92 per share, for a total transaction of $23,111.80.
- On Thursday, August 27th, Ajb Investment Fund Ii, Lp acquired 2,327 shares of Jewett-Cameron Trading stock. The shares were purchased 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 acquired 209 shares of Jewett-Cameron Trading stock. The shares were purchased at an average price of $2.90 per share, with a total value of $606.10.
- On Tuesday, August 25th, Ajb Investment Fund Ii, Lp bought 5,991 shares of Jewett-Cameron Trading stock. The shares were purchased at an average cost of $2.90 per share, with a total value of $17,373.90.
- On Monday, August 24th, Ajb Investment Fund Ii, Lp bought 1,197 shares of Jewett-Cameron Trading stock. The stock was purchased at an average price of $2.90 per share, for a total transaction of $3,471.30.
- On Friday, August 21st, Ajb Investment Fund Ii, Lp purchased 854 shares of Jewett-Cameron Trading stock. The stock was purchased at an average cost of $2.90 per share, for a total transaction of $2,476.60.
- On Thursday, August 20th, Ajb Investment Fund Ii, Lp purchased 10,043 shares of Jewett-Cameron Trading stock. The shares were purchased at an average price of $2.90 per share, with a total value of $29,124.70.
Jewett-Cameron Trading Stock Performance
NASDAQ JCTC opened at $2.92 on Tuesday. The business has a fifty day moving average price of $2.81 and a 200 day moving average price of $2.25. Jewett-Cameron Trading Company has a one year low of $1.54 and a one year high of $3.82. The company has a market cap of $10.28 million, a P/E ratio of -1.24 and a beta of 0.36.
Jewett-Cameron Trading (NASDAQ:JCTC - Get Free Report) last announced its earnings results on Tuesday, July 14th. The company reported ($0.23) earnings per share (EPS) for the quarter. Jewett-Cameron Trading had a negative return on equity of 38.35% and a negative net margin of 20.94%.The business had revenue of $9.85 million for the quarter.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings raised shares of Jewett-Cameron Trading from a "sell (e+)" rating to a "sell (d-)" rating in a research note on Wednesday, August 5th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, Jewett-Cameron Trading currently has an average rating of "Sell".
Check Out Our Latest Stock Report on Jewett-Cameron Trading
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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