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

Jewett-Cameron Trading (NASDAQ:JCTCF) announced its quarterly earnings results on Monday. The company reported ($0.15) earnings per share (EPS) for the quarter, reports. Jewett-Cameron Trading had a return on equity of 7.26% and a net margin of 3.46%. The business had revenue of $8.23 million for the quarter.

Jewett-Cameron Trading Stock Down 3.0 %

Shares of JCTCF stock opened at $4.58 on Thursday. The stock has a market capitalization of $16.03 million, a PE ratio of 8.98 and a beta of 0.33. Jewett-Cameron Trading has a 52-week low of $3.70 and a 52-week high of $6.35. The stock’s 50-day moving average price is $5.39 and its 200 day moving average price is $5.18.

Hedge Funds Weigh In On Jewett-Cameron Trading

Several institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its position in Jewett-Cameron Trading by 4.9% in the 4th quarter. Vanguard Group Inc. now owns 86,859 shares of the company’s stock valued at $472,000 after acquiring an additional 4,024 shares during the period. LPL Financial LLC increased its position in Jewett-Cameron Trading by 12.8% during the 2nd quarter. LPL Financial LLC now owns 42,216 shares of the company’s stock worth $186,000 after purchasing an additional 4,800 shares during the period. Susquehanna International Group LLP acquired a new position in Jewett-Cameron Trading during the 1st quarter worth approximately $60,000. Finally, Guardian Wealth Management Inc. increased its position in Jewett-Cameron Trading by 117.0% during the 1st quarter. Guardian Wealth Management Inc. now owns 30,207 shares of the company’s stock worth $210,000 after purchasing an additional 16,287 shares during the period. Institutional investors and hedge funds own 26.05% of the company’s stock.

Jewett-Cameron Trading Company Profile

Jewett-Cameron Trading Company Ltd., through its subsidiaries, engages in the manufacturing and distribution of specialty metal products and wholesale distribution of wood products to home centers, eCommerce providers, on-line direct consumers, and other retailers. The company operates through three segments: Industrial Wood Products; Pet, Fencing and Other; and Seed Processing and Sales.