JFB Construction Stock Scheduled to Split on Friday, March 20th (NASDAQ:JFB)

JFB Construction Holding (NASDAQ:JFB) shares are going to split on the morning of Friday, March 20th. The 2-1 split was recently announced. The newly issued shares will be distributed to shareholders after the market closes on Thursday, March 19th.

JFB Construction Price Performance

Shares of JFB opened at $18.06 on Thursday. The stock has a market capitalization of $126.60 million and a P/E ratio of -48.81. JFB Construction has a one year low of $3.53 and a one year high of $35.10. The company has a 50-day simple moving average of $21.70.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the company. Wall Street Zen upgraded JFB Construction from a “sell” rating to a “hold” rating in a research note on Saturday, January 10th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of JFB Construction in a report on Monday, December 29th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of JFB. Marshall Wace LLP bought a new position in JFB Construction during the fourth quarter worth $604,000. 683 Capital Management LLC acquired a new position in JFB Construction in the fourth quarter worth $389,000. Yorkville Advisors Global LP bought a new stake in JFB Construction during the third quarter valued at $258,000. Nomura Holdings Inc. bought a new position in shares of JFB Construction in the 3rd quarter worth about $258,000. Finally, Geode Capital Management LLC boosted its holdings in shares of JFB Construction by 21.1% in the 4th quarter. Geode Capital Management LLC now owns 12,434 shares of the company’s stock valued at $182,000 after buying an additional 2,168 shares during the period.

JFB Construction Company Profile

JFB is a commercial and residential real estate construction and development company. The Company’s management is dedicated to delivering high-quality services to commercial and residential markets, such as retail corporate buildouts, multifamily community developments and luxury residential homes, with a focus on fostering long-term relationships with clients, partners, and communities. Our comprehensive suite of services encompasses everything from initial project planning and design to the final stages of construction and project management.