Shares last traded at $15.64 which is significantly above $14.03, the stock’s 50 day moving average and which is significantly higher than the 200 day moving average of $12.97. The 50 day moving average was up by +11.4197% and the 200 day average was up $2.67. Trading volume for Jewett-Cameron Trading Company was 5,756 in the last trading session. Overall, volume was up 14.39% over the stocks normal daily volume.
Traders are more bullish on the company looking at the decrease in short interest. The company saw a fall in short interest of -58.34% between September 29, 2017 and October 13, 2017. Short shares decreased from 1,037 to 432 over that timeframe. The short-interest ratio decreased to 1.0 and the percentage of shorted shares is 0.00% as of October 13.
Additionally, here are a few investment firms who have increased or decreased their stake in (JCTCF). As of the end of the quarter Bank Of America Corp /de/ had bought a total of 600 shares growing its position 833.3%. The value of the investment in JCTCF increased from $1,000 to $8,000 a change of 700.0% since the last quarter. As of quarter end Parthenon LLC had acquired 2,037 shares growing its stake by 1.6%. The value of the total investment in Jewett-Cameron Trading Company went from $1,524,000 to $1,516,000 decreasing 0.5% quarter to quarter.
Tower Research Capital LLC (trc) divested its holdings by selling 391 shares a decrease of 90.5% as of 06/30/2017. Tower Research Capital LLC (trc) controls 41 shares valued at $0. The value of the position overall is down by 100.0%.
The company currently has a P/E ratio of 14.0867 and the market value is 35.10M.
Jewett-Cameron Trading Company Ltd., launched on July 8, 1987, is a holding company for JC USA Inc. (JC USA). The Company, through its subsidiaries, operates out of facilities located in North Plains, Oregon. The Company operates through four segments, which include Industrial wood products; Lawn, garden, pet and other; Seed processing and sales, and Industrial tools and clamps..