Jamieson Wellness Inc. (TSE:JWEL) Senior Officer Regan Stewart Sells 2,000 Shares

Jamieson Wellness Inc. (TSE:JWEL) Senior Officer Regan Stewart sold 2,000 shares of the firm’s stock in a transaction dated Thursday, December 5th. The shares were sold at an average price of C$37.52, for a total value of C$75,031.00.

Regan Stewart also recently made the following trade(s):

• On Friday, November 22nd, Regan Stewart sold 6,300 shares of Jamieson Wellness stock. The shares were sold at an average price of C$35.69, for a total transaction of C$224,847.00.
• On Friday, November 15th, Regan Stewart sold 1,637 shares of Jamieson Wellness stock. The shares were sold at an average price of C$35.67, for a total transaction of C$58,384.75.

Jamieson Wellness Price Performance

Shares of Jamieson Wellness stock traded up C$0.80 during trading on Monday, reaching C$37.30. 16,906 shares of the company’s stock were exchanged, compared to its average volume of 60,353. The firm’s 50-day moving average price is C$35.21 and its 200 day moving average price is C$32.04. The company has a market cap of C$1.55 billion, a P/E ratio of 42.44 and a beta of 0.63. The company has a debt-to-equity ratio of 92.76, a quick ratio of 1.08 and a current ratio of 3.21. Jamieson Wellness Inc. has a 1-year low of C$23.98 and a 1-year high of C$37.99.

Jamieson Wellness Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, December 13th. Stockholders of record on Friday, December 13th will be paid a $0.21 dividend. This is an increase from Jamieson Wellness’s previous quarterly dividend of $0.19. This represents a $0.84 dividend on an annualized basis and a dividend yield of 2.25%. The ex-dividend date of this dividend is Friday, November 29th. Jamieson Wellness’s dividend payout ratio (DPR) is presently 97.67%.

Analyst Upgrades and Downgrades

JWEL has been the subject of a number of research analyst reports. TD Securities lifted their price target on Jamieson Wellness from C$40.00 to C$42.00 and gave the stock a “buy” rating in a report on Friday, November 8th. National Bankshares increased their price target on Jamieson Wellness from C$36.50 to C$42.00 in a research note on Monday, November 25th. Finally, Royal Bank of Canada upped their price objective on shares of Jamieson Wellness from C$37.00 to C$38.00 in a report on Friday, November 8th.

Jamieson Wellness Company Profile

Jamieson Wellness Inc, together with its subsidiaries, develops, manufactures, distributes, markets, and sells of branded and customer branded health products for humans in Canada, the United States, China and internationally. It operates through two segments, Jamieson Brands and Strategic Partners. The Jamieson Brands segment manufactures, distributes, and markets branded natural health products including vitamins, minerals, and supplements.