Jewett-Cameron Trading (NASDAQ:JCTC) Issues Quarterly Earnings Results

Jewett-Cameron Trading (NASDAQ:JCTC) posted its earnings results on Wednesday. The company reported ($0.63) earnings per share for the quarter, Zacks reports. Jewett-Cameron Trading had a negative return on equity of 18.02% and a negative net margin of 10.00%.

Jewett-Cameron Trading Price Performance

Shares of Jewett-Cameron Trading stock traded down $0.08 during trading on Wednesday, reaching $2.25. 12,277 shares of the company traded hands, compared to its average volume of 15,257. The firm has a market capitalization of $7.92 million, a PE ratio of -1.91 and a beta of 0.14. The company has a 50 day moving average price of $2.39 and a 200-day moving average price of $3.14. Jewett-Cameron Trading has a 1-year low of $2.02 and a 1-year high of $5.41.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Jewett-Cameron Trading in a report on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has an average rating of “Sell”.

Insider Activity

In related news, major shareholder Community Foundation Oregon sold 14,797 shares of the company’s stock in a transaction that occurred on Friday, December 26th. The stock was sold at an average price of $2.26, for a total transaction of $33,441.22. Following the transaction, the insider directly owned 851,709 shares of the company’s stock, valued at approximately $1,924,862.34. This represents a 1.71% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Over the last quarter, insiders have sold 50,000 shares of company stock worth $114,058. 1.26% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Jewett-Cameron Trading

An institutional investor recently bought a new position in Jewett-Cameron Trading stock. Susquehanna International Group LLP purchased a new position in Jewett-Cameron Trading Company (NASDAQ:JCTC) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 15,917 shares of the company’s stock, valued at approximately $54,000. Susquehanna International Group LLP owned about 0.45% of Jewett-Cameron Trading as of its most recent SEC filing. 26.05% of the stock is currently owned by hedge funds and other institutional investors.

Jewett-Cameron Trading Company Profile

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.