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 business’s stock in a transaction dated Thursday, December 12th. The shares were sold at an average price of C$37.84, for a total transaction 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 transaction of C$75,031.00.
• 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 Stock Up 0.2 %

JWEL traded up C$0.09 during midday trading on Tuesday, reaching C$37.79. The company’s stock had a trading volume of 51,255 shares, compared to its average volume of 60,225. The firm has a market capitalization of C$1.57 billion, a price-to-earnings ratio of 44.07 and a beta of 0.63. The company has a current ratio of 3.21, a quick ratio of 1.08 and a debt-to-equity ratio of 92.76. Jamieson Wellness Inc. has a 1 year low of C$23.98 and a 1 year high of C$38.00. The stock’s 50-day moving average is C$35.46 and its 200-day moving average is C$32.45.

Jamieson Wellness Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 13th. Shareholders of record on Friday, December 13th were issued a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a yield of 2.22%. The ex-dividend date of this dividend was Friday, November 29th. This is a boost from Jamieson Wellness’s previous quarterly dividend of $0.19. Jamieson Wellness’s dividend payout ratio is 97.67%.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on JWEL. Royal Bank of Canada boosted their price target on shares of Jamieson Wellness from C$37.00 to C$38.00 in a research report on Friday, November 8th. National Bankshares upped their price objective on shares of Jamieson Wellness from C$36.50 to C$42.00 in a report on Monday, November 25th. Finally, TD Securities upped their price objective on shares of 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.