Jewett-Cameron Trading (NASDAQ:JCTC) Shares Down 6.7% – Should You Sell?

Jewett-Cameron Trading Company (NASDAQ:JCTC) shares dropped 6.7% during trading on Monday . The stock traded as low as $2.70 and last traded at $2.78. Approximately 22,210 shares were traded during mid-day trading, an increase of 111% from the average daily volume of 10,515 shares. The stock had previously closed at $2.98.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Jewett-Cameron Trading in a research report on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Jewett-Cameron Trading Stock Performance

The stock has a market cap of $9.78 million, a P/E ratio of -4.79 and a beta of 0.07. The stock’s fifty day simple moving average is $3.46 and its 200-day simple moving average is $3.65.

Institutional Trading of Jewett-Cameron Trading

Large investors have recently made changes to their positions in the company. De Lisle Partners LLP acquired a new stake in shares of Jewett-Cameron Trading during the 1st quarter worth approximately $184,000. Parthenon LLC acquired a new stake in shares of Jewett-Cameron Trading during the 1st quarter worth approximately $996,000. Finally, Guardian Wealth Management Inc. bought a new position in Jewett-Cameron Trading in the 1st quarter valued at approximately $42,000. Institutional investors and hedge funds 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.