Ajb Investment Fund Ii, Lp Buys 5,991 Shares of Jewett-Cameron Trading (NASDAQ:JCTC) Stock

Jewett-Cameron Trading Company (NASDAQ:JCTC) major shareholder Ajb Investment Fund Ii, Lp purchased 5,991 shares of the business’s stock in a transaction that occurred on Tuesday, August 25th. The shares were purchased at an average cost of $2.90 per share, with a total value of $17,373.90. Following the completion of the acquisition, the insider directly owned 474,435 shares in the company, valued at $1,375,861.50. The trade was a 1.28% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Major shareholders that own at least 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 Monday, August 24th, Ajb Investment Fund Ii, Lp acquired 1,197 shares of Jewett-Cameron Trading stock. The shares were purchased at an average cost of $2.90 per share, for a total transaction of $3,471.30.
• On Friday, August 21st, Ajb Investment Fund Ii, Lp acquired 854 shares of Jewett-Cameron Trading stock. The shares were purchased at an average cost of $2.90 per share, with a total value of $2,476.60.
• On Thursday, August 20th, Ajb Investment Fund Ii, Lp bought 10,043 shares of Jewett-Cameron Trading stock. The stock was purchased at an average price of $2.90 per share, with a total value of $29,124.70.
• On Friday, August 14th, Ajb Investment Fund Ii, Lp bought 519 shares of Jewett-Cameron Trading stock. The stock was purchased at an average price of $2.90 per share, with a total value of $1,505.10.
• On Thursday, August 13th, Ajb Investment Fund Ii, Lp bought 15,457 shares of Jewett-Cameron Trading stock. The stock was acquired at an average cost of $2.90 per share, for a total transaction of $44,825.30.
• On Wednesday, August 12th, Ajb Investment Fund Ii, Lp purchased 1,002 shares of Jewett-Cameron Trading stock. The shares were acquired at an average price of $2.89 per share, for a total transaction of $2,895.78.
• On Thursday, August 6th, Ajb Investment Fund Ii, Lp purchased 428 shares of Jewett-Cameron Trading stock. The shares were acquired at an average cost of $2.80 per share, with a total value of $1,198.40.
• On Wednesday, August 5th, Ajb Investment Fund Ii, Lp acquired 3,134 shares of Jewett-Cameron Trading stock. The stock was acquired at an average price of $2.77 per share, with a total value of $8,681.18.
• On Thursday, July 30th, Ajb Investment Fund Ii, Lp acquired 3,700 shares of Jewett-Cameron Trading stock. The stock was acquired at an average price of $2.60 per share, with a total value of $9,620.00.
• On Wednesday, July 29th, Ajb Investment Fund Ii, Lp acquired 1,578 shares of Jewett-Cameron Trading stock. The stock was acquired at an average cost of $2.53 per share, for a total transaction of $3,992.34.

Jewett-Cameron Trading Stock Performance

Shares of JCTC stock opened at $2.95 on Thursday. The stock’s fifty day moving average is $2.65 and its 200-day moving average is $2.16. The stock has a market capitalization of $10.38 million, a PE ratio of -1.26 and a beta of 0.34. Jewett-Cameron Trading Company has a 52 week low of $1.54 and a 52 week high of $3.82.

Jewett-Cameron Trading (NASDAQ:JCTC) last announced its earnings results on Tuesday, July 14th. The company reported ($0.23) earnings per share for the quarter. The business had revenue of $9.85 million during the quarter. Jewett-Cameron Trading had a negative net margin of 20.94% and a negative return on equity of 38.35%.

Wall Street Analysts Forecast Growth

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

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Susquehanna International Group LLP acquired a new position in shares of Jewett-Cameron Trading during the third quarter valued at $54,000. DRW Securities LLC bought a new position in Jewett-Cameron Trading in the fourth quarter valued at about $44,000. Finally, Citadel Advisors LLC acquired a new stake in Jewett-Cameron Trading in the third quarter worth about $77,000. 26.05% of the stock is currently owned by institutional investors.

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.