JFB Construction (NASDAQ:JFB) Downgraded by Wall Street Zen to “Sell”

JFB Construction (NASDAQ:JFB) was downgraded by analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a report issued on Saturday.

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of JFB Construction in a research report on Monday. One analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has a consensus rating of “Sell”.

JFB Construction Stock Down 3.2%

Shares of NASDAQ JFB opened at $14.05 on Friday. The company’s 50 day moving average is $16.31. The firm has a market capitalization of $133.48 million and a PE ratio of -37.97. JFB Construction has a 52 week low of $3.39 and a 52 week high of $23.00.

JFB Construction (NASDAQ:JFB) last announced its quarterly earnings data on Friday, November 14th. The company reported ($0.11) earnings per share (EPS) for the quarter. The company had revenue of $4.98 million for the quarter. JFB Construction had a negative return on equity of 31.22% and a negative net margin of 14.07%.

Insider Buying and Selling

In related news, CEO Joseph Frank Basile III acquired 5,900 shares of the firm’s stock in a transaction on Monday, December 8th. The shares were purchased at an average cost of $16.79 per share, for a total transaction of $99,061.00. Following the completion of the acquisition, the chief executive officer directly owned 430,900 shares in the company, valued at approximately $7,234,811. This trade represents a 1.39% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Ruben Calderon acquired 1,550 shares of the company’s stock in a transaction dated Wednesday, December 10th. The stock was bought at an average cost of $18.72 per share, for a total transaction of $29,016.00. Following the completion of the transaction, the chief financial officer directly owned 26,550 shares of the company’s stock, valued at approximately $497,016. This trade represents a 6.20% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing.

Institutional Trading of JFB Construction

An institutional investor recently bought a new position in JFB Construction stock. Nomura Holdings Inc. purchased a new stake in JFB Construction Holding (NASDAQ:JFB) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 20,000 shares of the company’s stock, valued at approximately $258,000. Nomura Holdings Inc. owned about 0.21% of JFB Construction as of its most recent filing with the Securities and Exchange Commission.

About JFB Construction

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.