JFB Construction Stock Set to Split on Tuesday, March 24th (NASDAQ:JFB)
by Danessa Lincoln · The Markets DailyJFB Construction Holding (NASDAQ:JFB – Free Report) shares are going to split on Tuesday, March 24th. The 2-1 split was announced on Tuesday, March 10th. The newly created shares will be distributed to shareholders after the closing bell on Monday, March 23rd.
JFB Construction Price Performance
Shares of NASDAQ JFB traded down $0.14 during mid-day trading on Thursday, reaching $17.92. 132,177 shares of the company’s stock were exchanged, compared to its average volume of 133,193. The stock’s 50-day moving average is $21.70. The firm has a market capitalization of $125.62 million and a price-to-earnings ratio of -48.43. JFB Construction has a 52-week low of $3.54 and a 52-week high of $35.10.
Analyst Ratings Changes
Several research analysts have weighed in on the stock. Wall Street Zen raised shares of JFB Construction from a “sell” rating to a “hold” rating in a research note on Saturday, January 10th. Weiss Ratings restated a “sell (d-)” rating on shares of JFB Construction in a report on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, JFB Construction currently has a consensus rating of “Sell”.
View Our Latest Stock Report on JFB
Hedge Funds Weigh In On JFB Construction
Several hedge funds have recently bought and sold shares of the company. Geode Capital Management LLC boosted its holdings in JFB Construction by 21.1% during the 4th quarter. Geode Capital Management LLC now owns 12,434 shares of the company’s stock valued at $182,000 after acquiring an additional 2,168 shares during the period. Yorkville Advisors Global LP acquired a new position in JFB Construction in the 3rd quarter valued at about $258,000. Nomura Holdings Inc. purchased a new stake in JFB Construction during the third quarter worth about $258,000. 683 Capital Management LLC acquired a new stake in shares of JFB Construction during the fourth quarter worth about $389,000. Finally, Marshall Wace LLP acquired a new stake in shares of JFB Construction during the fourth quarter worth about $604,000.
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.