Jewett-Cameron Trading (NASDAQ:JCTC) Major Shareholder Acquires $28,900.00 in Stock

Jewett-Cameron Trading Company (NASDAQ:JCTC) major shareholder Ajb Investment Fund Ii, Lp purchased 10,000 shares of the stock in a transaction dated Tuesday, September 15th. The stock was purchased at an average price of $2.89 per share, with a total value of $28,900.00. Following the completion of the acquisition, the insider directly owned 501,300 shares in the company, valued at approximately $1,448,757. The trade was a 2.04% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Major shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

Ajb Investment Fund Ii, Lp also recently made the following trade(s):

• On Monday, September 14th, Ajb Investment Fund Ii, Lp acquired 5,900 shares of Jewett-Cameron Trading stock. The shares were purchased at an average price of $2.90 per share, for a total transaction of $17,110.00.
• On Friday, September 11th, Ajb Investment Fund Ii, Lp bought 6 shares of Jewett-Cameron Trading stock. The stock was acquired at an average cost of $2.88 per share, for a total transaction of $17.28.
• On Thursday, September 10th, Ajb Investment Fund Ii, Lp acquired 8 shares of Jewett-Cameron Trading stock. The stock was purchased at an average price of $2.91 per share, for a total transaction of $23.28.
• On Tuesday, September 8th, Ajb Investment Fund Ii, Lp bought 500 shares of Jewett-Cameron Trading stock. The stock was acquired at an average price of $2.90 per share, for a total transaction of $1,450.00.
• On Friday, September 4th, Ajb Investment Fund Ii, Lp bought 7,915 shares of Jewett-Cameron Trading stock. The stock was bought at an average price of $2.92 per share, with a total value of $23,111.80.
• On Thursday, August 27th, Ajb Investment Fund Ii, Lp acquired 2,327 shares of Jewett-Cameron Trading stock. The stock was bought at an average price of $2.90 per share, with a total value of $6,748.30.
• On Wednesday, August 26th, Ajb Investment Fund Ii, Lp acquired 209 shares of Jewett-Cameron Trading stock. The stock was acquired at an average cost of $2.90 per share, for a total transaction of $606.10.
• On Tuesday, August 25th, Ajb Investment Fund Ii, Lp bought 5,991 shares of Jewett-Cameron Trading stock. The shares were acquired at an average cost of $2.90 per share, with a total value of $17,373.90.
• On Monday, August 24th, Ajb Investment Fund Ii, Lp purchased 1,197 shares of Jewett-Cameron Trading stock. The stock was bought 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 bought 854 shares of Jewett-Cameron Trading stock. The shares were bought at an average cost of $2.90 per share, for a total transaction of $2,476.60.

Jewett-Cameron Trading Stock Performance

Shares of NASDAQ:JCTC traded up $0.01 during midday trading on Thursday, reaching $2.95. The company had a trading volume of 6,968 shares, compared to its average volume of 24,635. The company has a fifty day simple moving average of $2.83 and a two-hundred day simple moving average of $2.27. The firm has a market cap of $10.38 million, a price-to-earnings ratio of -1.26 and a beta of 0.36. Jewett-Cameron Trading Company has a 1-year low of $1.54 and a 1-year high of $3.82.

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

Wall Street Analyst Weigh In

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