Key Points
- Insider buying: Major shareholder Ajb Investment Fund II purchased 5,000 JCTC shares at an average $2.92, increasing its ownership by 1% to 507,193 shares. The fund has made several additional purchases in September.
- Weak financial performance: Jewett-Cameron reported quarterly revenue of $9.85 million and a loss of $0.23 per share, alongside a negative 20.94% net margin and 38.35% return on equity.
- Market sentiment remains negative: JCTC traded near $2.91, with a market capitalization of $10.24 million, while the sole analyst rating remains “Sell.”
Jewett-Cameron Trading Company (NASDAQ:JCTC - Get Free Report) major shareholder Ajb Investment Fund Ii, Lp acquired 5,000 shares of the firm's stock in a transaction dated Thursday, September 24th. The shares were purchased at an average price of $2.92 per share, for a total transaction of $14,600.00. Following the completion of the transaction, the insider directly owned 507,193 shares in the company, valued at approximately $1,481,003.56. This trade represents a 1.00% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Major shareholders that own at least 10% 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 Friday, September 25th, Ajb Investment Fund Ii, Lp bought 1,331 shares of Jewett-Cameron Trading stock. The shares were purchased at an average price of $2.91 per share, for a total transaction of $3,873.21.
- On Wednesday, September 23rd, Ajb Investment Fund Ii, Lp bought 11 shares of Jewett-Cameron Trading stock. The stock was purchased at an average cost of $2.93 per share, with a total value of $32.23.
- On Monday, September 21st, Ajb Investment Fund Ii, Lp bought 617 shares of Jewett-Cameron Trading stock. The stock was purchased at an average cost of $2.90 per share, with a total value of $1,789.30.
- On Friday, September 18th, Ajb Investment Fund Ii, Lp purchased 265 shares of Jewett-Cameron Trading stock. The stock was acquired at an average price of $2.90 per share, with a total value of $768.50.
- On Tuesday, September 15th, Ajb Investment Fund Ii, Lp purchased 10,000 shares of Jewett-Cameron Trading stock. The shares were acquired at an average cost of $2.89 per share, for a total transaction of $28,900.00.
- On Monday, September 14th, Ajb Investment Fund Ii, Lp purchased 5,900 shares of Jewett-Cameron Trading stock. The shares were 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 acquired 6 shares of Jewett-Cameron Trading stock. The stock was acquired at an average price of $2.88 per share, for a total transaction of $17.28.
- On Thursday, September 10th, Ajb Investment Fund Ii, Lp acquired 8 shares of Jewett-Cameron Trading stock. The stock was 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 stock was acquired at an average cost of $2.90 per share, with a total value of $1,450.00.
- On Friday, September 4th, Ajb Investment Fund Ii, Lp bought 7,915 shares of Jewett-Cameron Trading stock. The shares were acquired at an average price of $2.92 per share, with a total value of $23,111.80.
Jewett-Cameron Trading Trading Down 0.7%
Shares of JCTC opened at $2.91 on Friday. The business's 50 day moving average is $2.87 and its 200 day moving average is $2.32. The company has a market capitalization of $10.24 million, a PE ratio of -1.24 and a beta of 0.36. Jewett-Cameron Trading Company has a 12-month low of $1.54 and a 12-month high of $3.82.
Jewett-Cameron Trading (NASDAQ:JCTC - Get Free Report) last posted its quarterly 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 business 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 MarketBeat.com, the company has a consensus rating of "Sell".
Get Our Latest Stock Report on JCTC
About Jewett-Cameron Trading
(
Get Free Report)
Jewett-Cameron Trading Company Ltd. is a specialty manufacturer and distributor of products for lawn and garden, pet and animal management, fencing, and outdoor living applications. The company offers products designed for residential, commercial, agricultural, and professional users.
Its product portfolio includes fencing systems, gates, kennel and animal-containment products, garden beds, planters, trellises, landscaping accessories, firewood racks, and related outdoor products. Jewett-Cameron also sells industrial wood products, including stakes, posts, and other wood components used in construction, landscaping, and agricultural applications.
The company markets its products through retailers, home-improvement and hardware stores, distributors, mass merchants, and online channels.
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