Ajb Investment Fund Ii, Lp Acquires 34,000 Shares of Jewett-Cameron Trading (NASDAQ:JCTC) Stock

Jewett-Cameron Trading Company (NASDAQ:JCTC) major shareholder Ajb Investment Fund Ii, Lp acquired 34,000 shares of the firm’s stock in a transaction dated Tuesday, July 7th. The shares were purchased at an average cost of $2.51 per share, for a total transaction of $85,340.00. Following the acquisition, the insider directly owned 416,016 shares in the company, valued at $1,044,200.16. This represents a 8.90% increase in their position. The acquisition was disclosed in a document filed 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 sales and purchases with the SEC.

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

• On Wednesday, July 8th, Ajb Investment Fund Ii, Lp bought 388 shares of Jewett-Cameron Trading stock. The stock was purchased at an average price of $2.48 per share, with a total value of $962.24.

Jewett-Cameron Trading Price Performance

Shares of JCTC stock opened at $2.59 on Friday. Jewett-Cameron Trading Company has a one year low of $1.54 and a one year high of $4.02. The stock has a fifty day moving average price of $2.14 and a 200 day moving average price of $2.00. The stock has a market cap of $9.12 million, a P/E ratio of -1.13 and a beta of 0.36.

Jewett-Cameron Trading (NASDAQ:JCTC) last announced its quarterly earnings results on Monday, April 13th. The company reported ($0.35) earnings per share (EPS) for the quarter. The business had revenue of $10.54 million during the quarter. Jewett-Cameron Trading had a negative net margin of 19.19% and a negative return on equity of 33.33%.

Analyst Ratings Changes

Separately, Weiss Ratings raised shares of Jewett-Cameron Trading from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Thursday, July 2nd. One analyst has rated the stock with a Sell rating, According to MarketBeat, Jewett-Cameron Trading presently has an average rating of “Sell”.

Institutional Investors Weigh In On Jewett-Cameron Trading

Several large investors have recently made changes to their positions in JCTC. DRW Securities LLC acquired a new stake in shares of Jewett-Cameron Trading during the 4th quarter worth about $44,000. Susquehanna International Group LLP acquired a new position in Jewett-Cameron Trading in the third quarter valued at about $54,000. Finally, Citadel Advisors LLC acquired a new position in Jewett-Cameron Trading in the third quarter valued at about $77,000. Institutional investors own 26.05% of the company’s stock.

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.