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

Jewett-Cameron Trading (NASDAQ:JCTC) announced its quarterly earnings data on Monday. The company reported ($0.35) EPS for the quarter, FiscalAI reports. Jewett-Cameron Trading had a negative net margin of 18.23% and a negative return on equity of 26.93%. The firm had revenue of $10.54 million during the quarter.

Jewett-Cameron Trading Stock Performance

Shares of NASDAQ:JCTC remained flat at $1.70 during midday trading on Monday. The stock had a trading volume of 61,445 shares, compared to its average volume of 23,164. Jewett-Cameron Trading has a 1-year low of $1.54 and a 1-year high of $4.35. The company has a market cap of $5.98 million, a PE ratio of -0.81 and a beta of 0.19. The business has a 50 day moving average of $1.78 and a two-hundred day moving average of $2.33.

Insider Activity

In other news, major shareholder Community Foundation Oregon sold 43,980 shares of the firm’s stock in a transaction on Friday, February 20th. The stock was sold at an average price of $1.81, for a total value of $79,603.80. Following the transaction, the insider directly owned 785,959 shares in the company, valued at $1,422,585.79. This trade represents a 5.30% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In the last 90 days, insiders sold 75,000 shares of company stock valued at $138,493. 1.33% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. DRW Securities LLC bought a new position in Jewett-Cameron Trading during the fourth quarter worth about $44,000. Susquehanna International Group LLP bought a new position in Jewett-Cameron Trading during the third quarter worth about $54,000. Finally, Citadel Advisors LLC bought a new position in Jewett-Cameron Trading during the third quarter worth about $77,000. 26.05% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Jewett-Cameron Trading in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Jewett-Cameron Trading has an average 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.