Jewett-Cameron Trading (NASDAQ:JCTC) Major Shareholder Buys 10,000 Shares

Jewett-Cameron Trading Company (NASDAQ:JCTC) major shareholder Ajb Investment Fund Ii, Lp purchased 10,000 shares of Jewett-Cameron Trading stock in a transaction on Tuesday, September 15th. The stock was bought at an average cost of $2.89 per share, with a total value of $28,900.00. Following the transaction, the insider directly owned 501,300 shares of the company’s stock, valued at approximately $1,448,757. The trade was a 2.04% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Large shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases 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 bought at an average cost of $2.90 per share, for a total transaction of $17,110.00.
• On Friday, September 11th, Ajb Investment Fund Ii, Lp acquired 6 shares of Jewett-Cameron Trading stock. The shares were bought 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 bought at an average cost 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 shares were bought at an average cost of $2.90 per share, with a total value of $1,450.00.
• On Friday, September 4th, Ajb Investment Fund Ii, Lp purchased 7,915 shares of Jewett-Cameron Trading stock. The shares were bought at an average price of $2.92 per share, for a total transaction of $23,111.80.
• On Thursday, August 27th, Ajb Investment Fund Ii, Lp purchased 2,327 shares of Jewett-Cameron Trading stock. The stock was purchased at an average cost of $2.90 per share, for a total transaction of $6,748.30.
• On Wednesday, August 26th, Ajb Investment Fund Ii, Lp purchased 209 shares of Jewett-Cameron Trading stock. The stock was purchased 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 acquired 5,991 shares of Jewett-Cameron Trading stock. The stock was purchased at an average price of $2.90 per share, with a total value of $17,373.90.
• On Monday, August 24th, Ajb Investment Fund Ii, Lp acquired 1,197 shares of Jewett-Cameron Trading stock. The shares were purchased at an average cost of $2.90 per share, with a total value of $3,471.30.
• On Friday, August 21st, Ajb Investment Fund Ii, Lp bought 854 shares of Jewett-Cameron Trading stock. The stock was purchased at an average price of $2.90 per share, for a total transaction of $2,476.60.

Jewett-Cameron Trading Trading Up 0.3%

Jewett-Cameron Trading stock traded up $0.01 on Thursday, reaching $2.95. 6,968 shares of the stock were exchanged, compared to its average volume of 24,635. Jewett-Cameron Trading Company has a twelve month low of $1.54 and a twelve month high of $3.82. The firm has a fifty day moving average price of $2.83 and a two-hundred day moving average price of $2.27. The stock has a market cap of $10.38 million, a PE ratio of -1.26 and a beta of 0.36.

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

Analyst Ratings Changes

Separately, Weiss Ratings upgraded 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, Based on data from MarketBeat, the stock currently has an average rating of “Sell”.

About Jewett-Cameron Trading

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.