Eric Bentz Sells 1,744 Shares of Jamieson Wellness Inc. (TSE:JWEL) Stock

Jamieson Wellness Inc. (TSE:JWEL) Senior Officer Eric Bentz sold 1,744 shares of the business’s stock in a transaction that occurred on Wednesday, March 5th. The stock was sold at an average price of C$28.62, for a total transaction of C$49,912.76.

Jamieson Wellness Stock Up 1.6 %

Jamieson Wellness stock opened at C$28.68 on Friday. The company has a quick ratio of 1.08, a current ratio of 2.76 and a debt-to-equity ratio of 75.70. Jamieson Wellness Inc. has a 12-month low of C$23.98 and a 12-month high of C$38.20. The firm’s fifty day moving average is C$33.24 and its 200 day moving average is C$34.20. The company has a market capitalization of C$1.20 billion, a PE ratio of 30.13 and a beta of 0.63.

Jamieson Wellness Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, March 14th will be given a dividend of $0.21 per share. The ex-dividend date of this dividend is Friday, March 7th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 2.93%. Jamieson Wellness’s payout ratio is presently 88.26%.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on JWEL shares. Royal Bank of Canada boosted their price target on shares of Jamieson Wellness from C$38.00 to C$41.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 25th. BMO Capital Markets boosted their price target on shares of Jamieson Wellness from C$42.00 to C$46.00 in a research report on Thursday, December 19th. Finally, National Bankshares boosted their price target on shares of Jamieson Wellness from C$36.50 to C$42.00 in a research report on Monday, November 25th.

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.