Jewett-Cameron Trading (NASDAQ:JCTC) Stock: Insider Ajb Investment Fund Ii, Lp Acquires 10,776 Shares

Jewett-Cameron Trading Company (NASDAQ:JCTC) major shareholder Ajb Investment Fund Ii, Lp bought 10,776 shares of the stock in a transaction that occurred on Monday, October 12th. The stock was bought at an average price of $2.90 per share, with a total value of $31,250.40. Following the completion of the purchase, the insider directly owned 531,856 shares in the company, valued at $1,542,382.40. This represents a 2.07% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. Major shareholders that own more than 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 Friday, October 9th, Ajb Investment Fund Ii, Lp bought 1,034 shares of Jewett-Cameron Trading stock. The shares were bought at an average cost of $2.91 per share, for a total transaction of $3,008.94.
• On Thursday, October 8th, Ajb Investment Fund Ii, Lp purchased 449 shares of Jewett-Cameron Trading stock. The shares were bought at an average price of $2.92 per share, for a total transaction of $1,311.08.
• On Monday, October 5th, Ajb Investment Fund Ii, Lp purchased 14 shares of Jewett-Cameron Trading stock. The shares were bought at an average price of $2.93 per share, for a total transaction of $41.02.
• On Friday, October 2nd, Ajb Investment Fund Ii, Lp purchased 2,377 shares of Jewett-Cameron Trading stock. The stock was bought at an average cost of $2.91 per share, with a total value of $6,917.07.
• On Thursday, October 1st, Ajb Investment Fund Ii, Lp acquired 23 shares of Jewett-Cameron Trading stock. The shares were bought at an average price of $2.93 per share, with a total value of $67.39.
• On Wednesday, September 30th, Ajb Investment Fund Ii, Lp acquired 5,516 shares of Jewett-Cameron Trading stock. The shares were bought at an average cost of $2.92 per share, for a total transaction of $16,106.72.
• On Tuesday, September 29th, Ajb Investment Fund Ii, Lp bought 2,132 shares of Jewett-Cameron Trading stock. The stock was purchased at an average cost of $2.91 per share, for a total transaction of $6,204.12.
• On Monday, September 28th, Ajb Investment Fund Ii, Lp bought 466 shares of Jewett-Cameron Trading stock. The stock was purchased at an average cost of $2.90 per share, for a total transaction of $1,351.40.
• On Friday, September 25th, Ajb Investment Fund Ii, Lp bought 1,331 shares of Jewett-Cameron Trading stock. The stock was purchased at an average price of $2.91 per share, with a total value of $3,873.21.
• On Thursday, September 24th, Ajb Investment Fund Ii, Lp bought 5,000 shares of Jewett-Cameron Trading stock. The stock was purchased at an average price of $2.92 per share, with a total value of $14,600.00.

Jewett-Cameron Trading Price Performance

JCTC traded up $0.01 on Tuesday, reaching $2.91. 4,518 shares of the stock were exchanged, compared to its average volume of 23,063. The company’s 50-day moving average price is $2.94 and its 200 day moving average price is $2.42. Jewett-Cameron Trading Company has a fifty-two week low of $1.54 and a fifty-two week high of $3.49. The firm has a market capitalization of $10.24 million, a PE ratio of -1.24 and a beta of 0.42.

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

Analysts Set New Price Targets

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

Jewett-Cameron Trading Company Profile

Jewett-Cameron Trading Company Ltd. (NASDAQ:JCTC) develops, manufactures and distributes products for outdoor living, animal management and related applications. Its offerings are designed for residential, agricultural, commercial and industrial customers and are sold through retail, wholesale and online distribution channels.

The company’s product portfolio includes fencing systems, gates, garden and landscaping products, tree supports, outdoor structures and animal-management products such as kennel panels and pet enclosures.