Jewett-Cameron Trading (NASDAQ:JCTC) Major Shareholder Ajb Investment Fund Ii, Lp Acquires 5,000 Shares of Company Stock

Jewett-Cameron Trading Company (NASDAQ:JCTC) major shareholder Ajb Investment Fund Ii, Lp purchased 5,000 shares of the stock in a transaction dated Thursday, September 24th. The shares were purchased at an average cost of $2.92 per share, for a total transaction of $14,600.00. Following the completion of the acquisition, 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 acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Large shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Ajb Investment Fund Ii, Lp also recently made the following trade(s):

• On Friday, September 25th, Ajb Investment Fund Ii, Lp purchased 1,331 shares of Jewett-Cameron Trading stock. The stock was 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 acquired 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 acquired 617 shares of Jewett-Cameron Trading stock. The shares were purchased at an average price of $2.90 per share, with a total value of $1,789.30.
• On Friday, September 18th, Ajb Investment Fund Ii, Lp bought 265 shares of Jewett-Cameron Trading stock. The stock was purchased at an average cost of $2.90 per share, for a total transaction of $768.50.
• On Tuesday, September 15th, Ajb Investment Fund Ii, Lp bought 10,000 shares of Jewett-Cameron Trading stock. The stock was purchased 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 bought 5,900 shares of Jewett-Cameron Trading stock. The stock was purchased 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 shares were purchased 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 stock was acquired at an average price 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 acquired at an average price of $2.92 per share, for a total transaction of $23,111.80.

Jewett-Cameron Trading Trading Down 0.7%

JCTC opened at $2.91 on Friday. The company’s 50 day moving average is $2.87 and its 200 day moving average is $2.32. The company has a market cap of $10.24 million, a price-to-earnings 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) last announced its 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 business had revenue of $9.85 million for the quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings raised Jewett-Cameron Trading from a “sell (e+)” rating to a “sell (d-)” rating in a report on Wednesday, August 5th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Sell”.

About Jewett-Cameron Trading

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.