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

Jamieson Wellness Inc. (TSE:JWEL) Senior Officer Regan Stewart sold 2,000 shares of the stock in a transaction dated Thursday, December 5th. The stock was 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 stock was sold at an average price of C$35.69, for a total value 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 value of C$58,384.75.

Jamieson Wellness Trading Up 2.2 %

JWEL stock traded up C$0.80 during midday trading on Monday, hitting C$37.30. 16,906 shares of the company’s stock were exchanged, compared to its average volume of 60,353. Jamieson Wellness Inc. has a one year low of C$23.98 and a one year high of C$37.99. The company has a debt-to-equity ratio of 92.76, a quick ratio of 1.08 and a current ratio of 3.21. The company has a market cap of C$1.55 billion, a PE ratio of 42.44 and a beta of 0.63. The stock’s fifty day moving average price is C$35.21 and its 200-day moving average price is C$32.04.

Jamieson Wellness Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, December 13th. Stockholders of record on Friday, December 13th will be issued a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 2.25%. The ex-dividend date of this dividend is 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%.

Wall Street Analysts Forecast Growth

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

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.