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

Wall Street Zen downgraded shares of JFB Construction (NASDAQ:JFB) from a hold rating to a sell rating in a research note published on Saturday morning.

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of JFB Construction in a report on Monday, December 15th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has a consensus rating of “Sell”.

JFB Construction Trading Down 3.2%

JFB opened at $14.05 on Friday. The company has a market cap of $133.48 million and a price-to-earnings ratio of -37.97. The stock has a 50-day moving average price of $16.31. JFB Construction has a twelve month low of $3.39 and a twelve month high of $23.00.

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

Insiders Place Their Bets

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

Institutional Trading of JFB Construction

A hedge fund recently bought a new stake in JFB Construction stock. Nomura Holdings Inc. acquired a new stake in JFB Construction Holding (NASDAQ:JFB) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 20,000 shares of the company’s stock, valued at approximately $258,000. Nomura Holdings Inc. owned 0.21% of JFB Construction at the end of the most recent reporting period.

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.