Jewett-Cameron Trading (NASDAQ:JCTC) Major Shareholder Community Foundation Oregon Sells 176,006 Shares of Company Stock

Jewett-Cameron Trading Company (NASDAQ:JCTC) major shareholder Community Foundation Oregon sold 176,006 shares of the stock in a transaction on Wednesday, September 30th. The shares were sold at an average price of $1.85, for a total value of $325,611.10. Following the transaction, the insider directly owned 562,528 shares of the company’s stock, valued at approximately $1,040,676.80. The trade was a 23.83% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Major shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Community Foundation Oregon also recently made the following trade(s):

• On Thursday, August 6th, Community Foundation Oregon sold 176,006 shares of Jewett-Cameron Trading stock. The shares were sold at an average price of $1.85, for a total value of $325,611.10.
• On Thursday, July 9th, Community Foundation Oregon sold 5,282 shares of Jewett-Cameron Trading stock. The stock was sold at an average price of $2.59, for a total value of $13,680.38.
• On Wednesday, July 8th, Community Foundation Oregon sold 1,451 shares of Jewett-Cameron Trading stock. The shares were sold at an average price of $2.51, for a total value of $3,642.01.
• On Tuesday, July 7th, Community Foundation Oregon sold 18,267 shares of Jewett-Cameron Trading stock. The shares were sold at an average price of $2.50, for a total value of $45,667.50.

Jewett-Cameron Trading Trading Up 0.7%

JCTC stock traded up $0.02 during trading hours on Friday, hitting $2.95. 14,829 shares of the stock traded hands, compared to its average volume of 23,626. The stock has a 50-day simple moving average of $2.90 and a 200 day simple moving average of $2.36. Jewett-Cameron Trading Company has a one year low of $1.54 and a one year high of $3.82. The company has a market cap of $10.38 million, a P/E ratio of -1.26 and a beta of 0.42.

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

Analyst Upgrades and Downgrades

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, Based on data from MarketBeat.com, the company has an average rating of “Sell”.

Jewett-Cameron Trading Company Profile

Jewett-Cameron Trading Company Ltd. is a specialty manufacturer and distributor of products for lawn and garden, pet and animal management, fencing, and outdoor living applications. The company offers products designed for residential, commercial, agricultural, and professional users.

Its product portfolio includes fencing systems, gates, kennel and animal-containment products, garden beds, planters, trellises, landscaping accessories, firewood racks, and related outdoor products. Jewett-Cameron also sells industrial wood products, including stakes, posts, and other wood components used in construction, landscaping, and agricultural applications.

The company markets its products through retailers, home-improvement and hardware stores, distributors, mass merchants, and online channels.