Jewett-Cameron Trading (NASDAQ:JCTC) Shares Up 0.8% – What’s Next?

Shares of Jewett-Cameron Trading Company (NASDAQ:JCTC) shot up 0.8% during mid-day trading on Wednesday . The company traded as high as $2.57 and last traded at $2.46. 712 shares changed hands during trading, a decline of 93% from the average session volume of 10,517 shares. The stock had previously closed at $2.44.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Jewett-Cameron Trading in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has an average rating of “Sell”.

Jewett-Cameron Trading Stock Up 0.8%

The firm has a market cap of $8.65 million, a P/E ratio of -4.24 and a beta of 0.12. The stock’s 50-day moving average is $3.10 and its 200-day moving average is $3.49.

Institutional Investors Weigh In On Jewett-Cameron Trading

A hedge fund recently bought a new stake in Jewett-Cameron Trading stock. Susquehanna International Group LLP bought a new position in shares of Jewett-Cameron Trading Company (NASDAQ:JCTC) during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 15,917 shares of the company’s stock, valued at approximately $54,000. Susquehanna International Group LLP owned approximately 0.45% of Jewett-Cameron Trading as of its most recent SEC filing. 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.