Jewett-Cameron Trading (NASDAQ:JCTC) Posts Quarterly Earnings Results

Jewett-Cameron Trading (NASDAQ:JCTC) announced its earnings results on Monday. The company reported ($0.16) earnings per share for the quarter, Zacks reports. Jewett-Cameron Trading had a negative net margin of 2.66% and a negative return on equity of 5.00%.

Jewett-Cameron Trading Stock Up 7.9 %

Shares of NASDAQ:JCTC traded up $0.29 during midday trading on Monday, hitting $3.96. The stock had a trading volume of 11,057 shares, compared to its average volume of 9,093. The company’s 50 day moving average price is $4.38. Jewett-Cameron Trading has a 1 year low of $3.26 and a 1 year high of $5.69. The stock has a market cap of $13.93 million, a P/E ratio of -11.31 and a beta of 0.11.

Insider Activity

In related news, major shareholder Community Foundation Oregon sold 9,717 shares of Jewett-Cameron Trading stock in a transaction on Wednesday, February 19th. The stock was sold at an average price of $4.51, for a total transaction of $43,823.67. Following the completion of the transaction, the insider now directly owns 958,534 shares of the company’s stock, valued at approximately $4,322,988.34. The trade was a 1.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Insiders sold 20,840 shares of company stock valued at $94,414 in the last three months. 1.26% of the stock is currently owned by company insiders.

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.