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

Jewett-Cameron Trading (NASDAQ:JCTC) issued its earnings results on Wednesday. The company reported ($0.63) earnings per share (EPS) 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 NASDAQ JCTC traded down $0.08 during midday trading on Wednesday, reaching $2.25. 12,277 shares of the company traded hands, compared to its average volume of 15,218. The company has a market cap of $7.92 million, a price-to-earnings ratio of -1.91 and a beta of 0.14. The stock 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 52 week low of $2.02 and a 52 week high of $5.41.

Insider Activity at Jewett-Cameron Trading

In other news, major shareholder Community Foundation Oregon sold 14,797 shares of the business’s stock in a transaction on Friday, December 26th. The stock was sold at an average price of $2.26, for a total value of $33,441.22. Following the sale, the insider owned 851,709 shares of the company’s stock, valued at approximately $1,924,862.34. The trade was a 1.71% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In the last 90 days, insiders have sold 50,000 shares of company stock worth $114,058. 1.26% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Jewett-Cameron Trading stock. Susquehanna International Group LLP purchased a new stake in Jewett-Cameron Trading Company (NASDAQ:JCTC) in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor 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 at the end of the most recent quarter. 26.05% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

About Jewett-Cameron Trading

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.