Jamieson Wellness Inc. (TSE:JWEL) Senior Officer Sells C$58,384.75 in Stock

Jamieson Wellness Inc. (TSE:JWEL) Senior Officer Regan Stewart sold 1,637 shares of Jamieson Wellness stock in a transaction on Friday, November 15th. The stock was sold at an average price of C$35.67, for a total transaction of C$58,384.75.

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

• On Monday, August 26th, Regan Stewart sold 8,732 shares of Jamieson Wellness stock. The shares were sold at an average price of C$31.65, for a total value of C$276,373.04.

Jamieson Wellness Price Performance

JWEL stock opened at C$35.63 on Thursday. Jamieson Wellness Inc. has a 1 year low of C$23.98 and a 1 year high of C$36.77. The stock has a market capitalization of C$1.48 billion, a PE ratio of 41.43 and a beta of 0.63. The company’s 50-day moving average is C$34.55 and its 200-day moving average is C$31.11. The company has a debt-to-equity ratio of 92.76, a current ratio of 3.21 and a quick ratio of 1.08.

Jamieson Wellness Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 13th. Shareholders of record on Friday, December 13th will be paid a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 2.36%. The ex-dividend date is Friday, November 29th. This is a positive change from Jamieson Wellness’s previous quarterly dividend of $0.19. Jamieson Wellness’s payout ratio is 97.67%.

Analysts Set New Price Targets

A number of research firms recently commented on JWEL. TD Securities lifted their price objective on Jamieson Wellness from C$40.00 to C$42.00 and gave the stock a “buy” rating in a research note on Friday, November 8th. Canaccord Genuity Group upped their price objective on shares of Jamieson Wellness from C$32.50 to C$36.25 in a research note on Friday, August 9th. Royal Bank of Canada increased their price objective on shares of Jamieson Wellness from C$37.00 to C$38.00 in a research report on Friday, November 8th. Finally, BMO Capital Markets boosted their target price on shares of Jamieson Wellness from C$35.00 to C$42.00 in a report on Friday, August 9th.

About Jamieson Wellness

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.