JFB Construction (NASDAQ:JFB – Get Free Report) announced its quarterly earnings results on Thursday. The company reported ($0.25) earnings per share for the quarter, Zacks reports. JFB Construction had a negative net margin of 24.39% and a negative return on equity of 43.09%. The firm had revenue of $10.47 million during the quarter.
JFB Construction Price Performance
NASDAQ:JFB traded down $0.02 during mid-day trading on Friday, reaching $5.26. The company’s stock had a trading volume of 146,589 shares, compared to its average volume of 263,425. The company’s fifty day simple moving average is $6.14 and its two-hundred day simple moving average is $5.28. JFB Construction has a twelve month low of $2.30 and a twelve month high of $17.55. The stock has a market cap of $74.74 million, a P/E ratio of -27.68 and a beta of 3.18.
Wall Street Analyst Weigh In
Separately, Weiss Ratings restated a “sell (d-)” rating on shares of JFB Construction in a research report on Friday, March 27th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has a consensus rating of “Sell”.
Institutional Trading of JFB Construction
Hedge funds have recently added to or reduced their stakes in the business. Marshall Wace LLP acquired a new stake in JFB Construction in the 4th quarter worth about $604,000. 683 Capital Management LLC acquired a new stake in JFB Construction in the 4th quarter worth about $389,000. Nomura Holdings Inc. acquired a new stake in JFB Construction in the 3rd quarter worth about $258,000. Finally, Geode Capital Management LLC lifted its stake 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 purchasing an additional 2,168 shares in the last quarter.
About JFB Construction
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.
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