Jewett-Cameron Trading (NASDAQ:JCTCF) Posts Earnings Results

Jewett-Cameron Trading (NASDAQ:JCTCF) announced its earnings results on Tuesday. The company reported $0.00 earnings per share (EPS) for the quarter, Fidelity Earnings reports. Jewett-Cameron Trading had a net margin of 4.01% and a return on equity of 8.49%. The firm had revenue of $7.06 million for the quarter.

JCTCF stock remained flat at $$7.93 during midday trading on Thursday. The stock has a market capitalization of $26.94 million, a price-to-earnings ratio of 18.00 and a beta of 0.40. Jewett-Cameron Trading has a one year low of $6.95 and a one year high of $9.32. The firm’s fifty day moving average price is $7.93 and its 200 day moving average price is $8.00.

Separately, ValuEngine lowered Jewett-Cameron Trading from a “hold” rating to a “sell” rating in a research report on Wednesday, January 8th.

In related news, insider Michael Charles Nasser sold 300,000 shares of the stock in a transaction on Friday, January 3rd. The stock was sold at an average price of $7.89, for a total transaction of $2,367,000.00. Following the sale, the insider now owns 31,888 shares in the company, valued at approximately $251,596.32. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 40.80% of the stock is owned by company insiders.

About Jewett-Cameron Trading

Jewett-Cameron Trading Company Ltd., through its subsidiaries, manufactures and distributes specialty metal products; and distributes wood products to home centers and other retailers primarily in the United States. The company operates through four segments: Industrial Wood Products; Lawn, Garden, Pet and Other; Seed Processing and Sales; and Industrial Tools and Clamps.

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Earnings History for Jewett-Cameron Trading (NASDAQ:JCTCF)

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