Jamieson Wellness Inc. (TSE:JWEL) Senior Officer Buys C$54,016.04 in Stock

Jamieson Wellness Inc. (TSE:JWEL) Senior Officer Joel Scales purchased 1,906 shares of the firm’s stock in a transaction that occurred on Thursday, March 13th. The stock was bought at an average cost of C$28.34 per share, for a total transaction of C$54,016.04.

Jamieson Wellness Trading Down 1.8 %

Shares of JWEL opened at C$29.16 on Friday. The stock has a fifty day moving average price of C$31.93 and a two-hundred day moving average price of C$34.01. The company has a debt-to-equity ratio of 75.70, a quick ratio of 1.08 and a current ratio of 2.76. Jamieson Wellness Inc. has a 52-week low of C$25.42 and a 52-week high of C$38.20. The company has a market cap of C$1.22 billion, a price-to-earnings ratio of 30.64 and a beta of 0.63.

Jamieson Wellness Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, March 14th were given a $0.21 dividend. The ex-dividend date of this dividend was Friday, March 7th. This represents a $0.84 annualized dividend and a yield of 2.88%. Jamieson Wellness’s payout ratio is 88.26%.

Wall Street Analyst Weigh In

Several analysts recently commented on the company. BMO Capital Markets boosted their price target on Jamieson Wellness from C$42.00 to C$46.00 in a research note on Thursday, December 19th. Royal Bank of Canada boosted their price target on Jamieson Wellness from C$38.00 to C$41.00 and gave the company an “outperform” rating in a research note on Tuesday, February 25th. Finally, National Bankshares lifted their price objective on Jamieson Wellness from C$36.50 to C$42.00 in a research 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.