Key Points
- Ajb Investment Fund II, LP purchased 10,000 JCTC shares at an average price of $2.89, investing $28,900 and increasing its stake by 2.04% to 501,300 shares.
- The major shareholder has made multiple additional purchases since late August, indicating continued insider accumulation near the $2.90 level.
- Jewett-Cameron Trading reported a quarterly loss of $0.23 per share on $9.85 million in revenue, while the stock carries a consensus “Sell” rating and recently traded near $2.94.
Jewett-Cameron Trading Company (NASDAQ:JCTC - Get Free Report) major shareholder Ajb Investment Fund Ii, Lp bought 10,000 shares of the company's stock in a transaction dated Tuesday, September 15th. The shares were acquired at an average price of $2.89 per share, for a total transaction of $28,900.00. Following the acquisition, the insider owned 501,300 shares in the company, valued at approximately $1,448,757. This represents a 2.04% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Major 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 Monday, September 14th, Ajb Investment Fund Ii, Lp bought 5,900 shares of Jewett-Cameron Trading stock. The stock was acquired at an average cost of $2.90 per share, for a total transaction of $17,110.00.
- On Friday, September 11th, Ajb Investment Fund Ii, Lp purchased 6 shares of Jewett-Cameron Trading stock. The stock was acquired 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 shares were acquired at an average cost of $2.91 per share, with a total value of $23.28.
- On Tuesday, September 8th, Ajb Investment Fund Ii, Lp acquired 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 Friday, September 4th, Ajb Investment Fund Ii, Lp acquired 7,915 shares of Jewett-Cameron Trading stock. The shares were acquired at an average cost 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 stock was acquired at an average price of $2.90 per share, for a total transaction of $6,748.30.
- On Wednesday, August 26th, Ajb Investment Fund Ii, Lp bought 209 shares of Jewett-Cameron Trading stock. The shares were acquired at an average cost 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 acquired at an average price of $2.90 per share, with a total value 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 cost 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 bought at an average cost of $2.90 per share, for a total transaction of $2,476.60.
Jewett-Cameron Trading Price Performance
Jewett-Cameron Trading stock opened at $2.94 on Friday. Jewett-Cameron Trading Company has a twelve month low of $1.54 and a twelve month high of $3.82. The company has a market capitalization of $10.35 million, a P/E ratio of -1.25 and a beta of 0.36. The stock's 50 day moving average is $2.84 and its 200 day moving average is $2.28.
Jewett-Cameron Trading (NASDAQ:JCTC - Get Free Report) last released its earnings results on Tuesday, July 14th. The company reported ($0.23) 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 company had revenue of $9.85 million during the quarter.
Analysts Set New Price Targets
Separately, Weiss Ratings raised shares of Jewett-Cameron Trading from a "sell (e+)" rating to a "sell (d-)" rating in a 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 a consensus rating of "Sell".
Get Our Latest Research Report on JCTC
Jewett-Cameron Trading Company Profile
(
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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