Jewett-Cameron Trading (NASDAQ:JCTC) Trading Up 1.4% – Time to Buy?

Jewett-Cameron Trading Company (NASDAQ:JCTC)’s share price rose 1.4% on Thursday . The company traded as high as $2.25 and last traded at $2.22. Approximately 10,239 shares were traded during trading, a decline of 54% from the average daily volume of 22,228 shares. The stock had previously closed at $2.19.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Jewett-Cameron Trading in a research report on Monday. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has a consensus rating of “Sell”.

Jewett-Cameron Trading Stock Performance

The firm has a market cap of $7.21 million, a price-to-earnings ratio of -1.74 and a beta of 0.14. The company’s fifty day moving average is $2.68 and its two-hundred day moving average is $3.32.

Institutional Investors Weigh In On Jewett-Cameron Trading

An institutional investor recently bought a new position in Jewett-Cameron Trading stock. Citadel Advisors LLC acquired a new position in shares of Jewett-Cameron Trading Company (NASDAQ:JCTC) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 22,557 shares of the company’s stock, valued at approximately $77,000. Citadel Advisors LLC owned 0.64% of Jewett-Cameron Trading at the end of the most recent quarter. Institutional investors own 26.05% of the company’s stock.

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.