JFB Construction (NASDAQ:JFB) Shares Down 0.2% – Should You Sell?

JFB Construction Holding (NASDAQ:JFB)’s share price fell 0.2% during mid-day trading on Monday . The stock traded as low as $4.60 and last traded at $4.69. 336,318 shares traded hands during trading, a decline of 24% from the average daily volume of 444,954 shares. The stock had previously closed at $4.70.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of JFB Construction in a research report on Friday, March 27th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, JFB Construction has a consensus rating of “Sell”.

JFB Construction Stock Performance

The company’s fifty day simple moving average is $5.44 and its two-hundred day simple moving average is $5.48. The stock has a market capitalization of $81.29 million, a P/E ratio of -10.55 and a beta of 2.79.

JFB Construction (NASDAQ:JFB) last issued its quarterly earnings data on Thursday, May 14th. The company reported ($0.25) earnings per share (EPS) for the quarter. The firm had revenue of $12.68 million for the quarter. JFB Construction had a negative return on equity of 32.35% and a negative net margin of 24.39%.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in JFB. Nomura Holdings Inc. acquired a new stake in shares of JFB Construction during the third quarter worth $258,000. Yorkville Advisors Global LP acquired a new position in shares of JFB Construction in the third quarter valued at about $258,000. Geode Capital Management LLC increased its position in JFB Construction by 21.1% during the fourth quarter. Geode Capital Management LLC now owns 12,434 shares of the company’s stock worth $182,000 after acquiring an additional 2,168 shares during the period. Marshall Wace LLP acquired a new stake in JFB Construction in the 4th quarter worth about $604,000. Finally, 683 Capital Management LLC acquired a new stake in JFB Construction in the 4th quarter worth about $389,000.

JFB Construction Company Profile

JFB is a commercial and residential real estate construction and development company. The Company’s management is dedicated to delivering high-quality services to commercial and residential markets, such as retail corporate buildouts, multifamily community developments and luxury residential homes, with a focus on fostering long-term relationships with clients, partners, and communities. Our comprehensive suite of services encompasses everything from initial project planning and design to the final stages of construction and project management.