Jamieson Wellness Inc. (TSE:JWEL) Senior Officer Sells C$49,192.00 in Stock

Jamieson Wellness Inc. (TSE:JWEL) Senior Officer Regan Stewart sold 1,300 shares of the company’s stock in a transaction on Thursday, December 12th. The shares were sold at an average price of C$37.84, for a total value of C$49,192.00.

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

• On Thursday, December 5th, Regan Stewart sold 2,000 shares of Jamieson Wellness stock. The shares were sold at an average price of C$37.52, for a total value of C$75,031.00.
• On Friday, November 22nd, Regan Stewart sold 6,300 shares of Jamieson Wellness stock. The stock was sold at an average price of C$35.69, for a total value of C$224,847.00.
• On Friday, November 15th, Regan Stewart sold 1,637 shares of Jamieson Wellness stock. The stock was sold at an average price of C$35.67, for a total value of C$58,384.75.

Jamieson Wellness Stock Performance

TSE:JWEL opened at C$37.71 on Friday. The stock’s 50-day simple moving average is C$35.62 and its 200 day simple moving average is C$32.69. The firm has a market capitalization of C$1.56 billion, a PE ratio of 43.85 and a beta of 0.63. The company has a quick ratio of 1.08, a current ratio of 3.21 and a debt-to-equity ratio of 92.76. Jamieson Wellness Inc. has a twelve month low of C$23.98 and a twelve month high of C$38.20.

Jamieson Wellness Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 13th. Investors of record on Friday, December 13th were paid a $0.21 dividend. The ex-dividend date of this dividend was Friday, November 29th. This is a positive change from Jamieson Wellness’s previous quarterly dividend of $0.19. This represents a $0.84 annualized dividend and a yield of 2.23%. Jamieson Wellness’s dividend payout ratio (DPR) is 97.67%.

Analyst Ratings Changes

Several analysts have recently issued reports on JWEL shares. National Bankshares increased their target price on Jamieson Wellness from C$36.50 to C$42.00 in a report on Monday, November 25th. BMO Capital Markets increased their target price on Jamieson Wellness from C$42.00 to C$46.00 in a report on Thursday. Royal Bank of Canada increased their target price on Jamieson Wellness from C$37.00 to C$38.00 in a report on Friday, November 8th. Finally, TD Securities increased their target price 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.

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.