Jewett-Cameron Trading (NASDAQ:JCTC) Major Shareholder Sells $45,667.50 in Stock

Jewett-Cameron Trading Company (NASDAQ:JCTC) major shareholder Community Foundation Oregon sold 18,267 shares of the business’s stock in a transaction on Tuesday, July 7th. The shares were sold at an average price of $2.50, for a total transaction of $45,667.50. Following the sale, the insider directly owned 745,267 shares of the company’s stock, valued at approximately $1,863,167.50. The trade was a 2.39% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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.

Community Foundation Oregon also recently made the following trade(s):

• On Thursday, July 9th, Community Foundation Oregon sold 5,282 shares of Jewett-Cameron Trading stock. The stock was sold at an average price of $2.59, for a total transaction of $13,680.38.
• On Wednesday, July 8th, Community Foundation Oregon sold 1,451 shares of Jewett-Cameron Trading stock. The shares were sold at an average price of $2.51, for a total value of $3,642.01.

Jewett-Cameron Trading Trading Down 2.7%

Shares of Jewett-Cameron Trading stock opened at $2.52 on Friday. The stock’s fifty day moving average price is $2.15 and its 200-day moving average price is $2.01. The firm has a market cap of $8.87 million, a P/E ratio of -1.10 and a beta of 0.36. Jewett-Cameron Trading Company has a 12 month low of $1.54 and a 12 month high of $4.02.

Jewett-Cameron Trading (NASDAQ:JCTC) last announced its quarterly earnings results on Monday, April 13th. The company reported ($0.35) earnings per share for the quarter. The business had revenue of $10.54 million during the quarter. Jewett-Cameron Trading had a negative return on equity of 33.33% and a negative net margin of 19.19%.

Hedge Funds Weigh In On Jewett-Cameron Trading

Several hedge funds and other institutional investors have recently bought and sold shares of JCTC. Citadel Advisors LLC purchased a new stake in shares of Jewett-Cameron Trading in the third quarter worth about $77,000. Susquehanna International Group LLP acquired a new position in Jewett-Cameron Trading during the third quarter worth $54,000. Finally, DRW Securities LLC purchased a new stake in shares of Jewett-Cameron Trading during the fourth quarter worth about $44,000. Institutional investors and hedge funds own 26.05% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Weiss Ratings upgraded Jewett-Cameron Trading from a “sell (e+)” rating to a “sell (d-)” rating in a report on Thursday, July 2nd. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock has a consensus rating of “Sell”.

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.