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

Jamieson Wellness Inc. (TSE:JWEL) Senior Officer Regan Stewart sold 2,000 shares of Jamieson Wellness stock in a transaction dated Thursday, December 5th. The shares were sold at an average price of C$37.52, for a total transaction 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 stock was sold at an average price of C$35.67, for a total value of C$58,384.75.

Jamieson Wellness Stock Performance

Shares of TSE JWEL opened at C$36.91 on Tuesday. The stock’s fifty day simple moving average is C$35.25 and its 200 day simple moving average is C$32.07. The stock has a market capitalization of C$1.53 billion, a price-to-earnings ratio of 42.92 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 52-week low of C$23.98 and a 52-week 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. Investors of record on Friday, December 13th will be paid a $0.21 dividend. The ex-dividend date of this dividend is Friday, November 29th. This represents a $0.84 dividend on an annualized basis and a yield of 2.28%. This is a boost from Jamieson Wellness’s previous quarterly dividend of $0.19. Jamieson Wellness’s dividend payout ratio (DPR) is currently 97.67%.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on JWEL shares. TD Securities lifted their price target on Jamieson Wellness from C$40.00 to C$42.00 and gave the company a “buy” rating in a research report on Friday, November 8th. Royal Bank of Canada lifted their target price on Jamieson Wellness from C$37.00 to C$38.00 in a report on Friday, November 8th. Finally, National Bankshares upped their price target on shares of Jamieson Wellness from C$36.50 to C$42.00 in a report on Monday, November 25th.

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.