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

Jewett-Cameron Trading (NASDAQ:JCTC) released its quarterly earnings data on Monday. The company reported ($0.65) earnings per share for the quarter, FiscalAI reports. Jewett-Cameron Trading had a negative net margin of 4.72% and a negative return on equity of 8.70%. The company had revenue of $10.37 million during the quarter.

Jewett-Cameron Trading Stock Up 2.4%

JCTC stock traded up $0.06 during midday trading on Monday, hitting $2.52. 2,684 shares of the company traded hands, compared to its average volume of 10,446. The stock has a market capitalization of $8.87 million, a price-to-earnings ratio of -4.34 and a beta of 0.12. Jewett-Cameron Trading has a twelve month low of $2.36 and a twelve month high of $5.41. The business has a 50 day simple moving average of $3.06 and a 200-day simple moving average of $3.47.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Jewett-Cameron Trading in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Jewett-Cameron Trading has a consensus rating of “Sell”.

Institutional Trading of Jewett-Cameron Trading

An institutional investor recently bought a new position in Jewett-Cameron Trading stock. Susquehanna International Group LLP purchased a new position in shares of Jewett-Cameron Trading Company (NASDAQ:JCTC) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 15,917 shares of the company’s stock, valued at approximately $54,000. Susquehanna International Group LLP owned about 0.45% of Jewett-Cameron Trading as of its most recent SEC filing. 26.05% of the stock is owned by institutional investors and hedge funds.

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.