Key Points
- Ajb Investment Fund II, LP purchased 10,776 JCTC shares at an average price of $2.90, investing $31,250.40 and increasing its position by 2.07% to 531,856 shares.
- The fund has made a series of additional purchases since late September, indicating continued buying by the company’s major shareholder.
- Jewett-Cameron Trading reported a quarterly loss of $0.23 per share on $9.85 million in revenue, while the stock carried a “Sell” consensus rating and traded near $2.91.
Jewett-Cameron Trading Company (NASDAQ:JCTC - Get Free Report) major shareholder Ajb Investment Fund Ii, Lp purchased 10,776 shares of the company's stock in a transaction dated Monday, October 12th. The stock was bought at an average cost of $2.90 per share, for a total transaction of $31,250.40. Following the completion of the purchase, the insider directly owned 531,856 shares of the company's stock, valued at $1,542,382.40. The trade was a 2.07% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Major shareholders that own more than 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, October 9th, Ajb Investment Fund Ii, Lp acquired 1,034 shares of Jewett-Cameron Trading stock. The shares were purchased at an average price of $2.91 per share, with a total value of $3,008.94.
- On Thursday, October 8th, Ajb Investment Fund Ii, Lp acquired 449 shares of Jewett-Cameron Trading stock. The shares were purchased at an average price of $2.92 per share, with a total value of $1,311.08.
- On Monday, October 5th, Ajb Investment Fund Ii, Lp acquired 14 shares of Jewett-Cameron Trading stock. The shares were purchased at an average cost of $2.93 per share, with a total value of $41.02.
- On Friday, October 2nd, Ajb Investment Fund Ii, Lp acquired 2,377 shares of Jewett-Cameron Trading stock. The shares were purchased at an average cost of $2.91 per share, with a total value of $6,917.07.
- On Thursday, October 1st, Ajb Investment Fund Ii, Lp bought 23 shares of Jewett-Cameron Trading stock. The stock was purchased at an average price of $2.93 per share, for a total transaction of $67.39.
- On Wednesday, September 30th, Ajb Investment Fund Ii, Lp bought 5,516 shares of Jewett-Cameron Trading stock. The stock was purchased at an average price of $2.92 per share, for a total transaction of $16,106.72.
- On Tuesday, September 29th, Ajb Investment Fund Ii, Lp bought 2,132 shares of Jewett-Cameron Trading stock. The stock was purchased at an average cost of $2.91 per share, for a total transaction of $6,204.12.
- On Monday, September 28th, Ajb Investment Fund Ii, Lp bought 466 shares of Jewett-Cameron Trading stock. The stock was purchased at an average cost of $2.90 per share, for a total transaction of $1,351.40.
- On Friday, September 25th, Ajb Investment Fund Ii, Lp purchased 1,331 shares of Jewett-Cameron Trading stock. The shares were purchased at an average cost of $2.91 per share, with a total value of $3,873.21.
- On Thursday, September 24th, Ajb Investment Fund Ii, Lp purchased 5,000 shares of Jewett-Cameron Trading stock. The shares were purchased at an average cost of $2.92 per share, with a total value of $14,600.00.
Jewett-Cameron Trading Trading Up 0.3%
Shares of Jewett-Cameron Trading stock opened at $2.91 on Wednesday. Jewett-Cameron Trading Company has a 52-week low of $1.54 and a 52-week high of $3.49. The stock has a 50-day simple moving average of $2.95 and a 200-day simple moving average of $2.43.
Jewett-Cameron Trading (NASDAQ:JCTC - Get Free Report) last announced its quarterly earnings results on Tuesday, July 14th. The company reported ($0.23) EPS for the quarter. Jewett-Cameron Trading had a negative net margin of 20.94% and a negative return on equity of 38.35%. The firm had revenue of $9.85 million during the quarter.
Wall Street Analyst Weigh In
Separately, Weiss Ratings upgraded shares of 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. According to data from MarketBeat, the company has an average rating of "Sell".
Check Out Our Latest Stock Analysis on Jewett-Cameron Trading
About Jewett-Cameron Trading
(
Get Free Report)
Jewett-Cameron Trading Company Ltd. (NASDAQ:JCTC) develops, manufactures and distributes products for outdoor living, animal management and related applications. Its offerings are designed for residential, agricultural, commercial and industrial customers and are sold through retail, wholesale and online distribution channels.
The company's product portfolio includes fencing systems, gates, garden and landscaping products, tree supports, outdoor structures and animal-management products such as kennel panels and pet enclosures.
See Also
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