Jamieson Wellness Inc. (TSE:JWEL) Senior Officer Regan Stewart Sells 1,637 Shares

Jamieson Wellness Inc. (TSE:JWEL) Senior Officer Regan Stewart sold 1,637 shares of the firm’s stock in a transaction on Friday, November 15th. The shares were sold at an average price of C$35.67, for a total value 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 Stock Up 1.1 %

JWEL stock opened at C$35.63 on Thursday. The stock has a market capitalization of C$1.48 billion, a P/E ratio of 41.43 and a beta of 0.63. 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 Inc. has a 1-year low of C$23.98 and a 1-year high of C$36.77. The business has a fifty day moving average price of C$34.55 and a 200-day moving average price of C$31.11.

Jamieson Wellness Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 13th. Investors of record on Friday, December 13th will be given a dividend of $0.21 per share. This is an increase from Jamieson Wellness’s previous quarterly dividend of $0.19. 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 2.36%. Jamieson Wellness’s dividend payout ratio is 97.67%.

Analysts Set New Price Targets

Several research analysts have commented on the stock. TD Securities raised their price target on shares of Jamieson Wellness from C$40.00 to C$42.00 and gave the company a “buy” rating in a report on Friday, November 8th. Canaccord Genuity Group boosted their target price on Jamieson Wellness from C$32.50 to C$36.25 in a research report on Friday, August 9th. Royal Bank of Canada raised their price target on Jamieson Wellness from C$37.00 to C$38.00 in a report on Friday, November 8th. Finally, BMO Capital Markets boosted their price objective on Jamieson Wellness from C$35.00 to C$42.00 in a report on Friday, August 9th.

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.