Jewett-Cameron Trading (NASDAQ:JCTCF) Share Price Crosses Below 200-Day Moving Average of $8.00

Shares of Jewett-Cameron Trading Company Ltd (NASDAQ:JCTCF) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $8.00 and traded as low as $7.98. Jewett-Cameron Trading shares last traded at $7.98, with a volume of 252 shares.

The company has a market cap of $31.61 million, a PE ratio of 15.61 and a beta of 0.42. The business has a 50-day simple moving average of $7.86 and a 200-day simple moving average of $8.00.

A hedge fund recently raised its stake in Jewett-Cameron Trading stock. Riverview Trust Co raised its position in shares of Jewett-Cameron Trading Company Ltd (NASDAQ:JCTCF) by 5.3% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,202,288 shares of the company’s stock after acquiring an additional 60,750 shares during the quarter. Jewett-Cameron Trading makes up about 6.7% of Riverview Trust Co’s holdings, making the stock its 3rd largest holding. Riverview Trust Co owned 30.36% of Jewett-Cameron Trading worth $9,594,000 at the end of the most recent reporting period. Institutional investors own 49.85% of the company’s stock.

About Jewett-Cameron Trading (NASDAQ:JCTCF)

Jewett-Cameron Trading Company Ltd., through its subsidiaries, manufactures and distributes specialty metal products; and distributes wood products to home centers and other retailers primarily in the United States. The company operates through four segments: Industrial Wood Products; Lawn, Garden, Pet and Other; Seed Processing and Sales; and Industrial Tools and Clamps.

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