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

Jamieson Wellness Inc. (TSE:JWEL) Senior Officer Regan Stewart sold 2,000 shares of the firm’s stock in a transaction on Thursday, December 5th. The shares were 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 transaction of C$224,847.00.
• On Friday, November 15th, Regan Stewart sold 1,637 shares of Jamieson Wellness stock. The stock was sold at an average price of C$35.67, for a total value of C$58,384.75.

Jamieson Wellness Trading Up 0.9 %

Shares of JWEL stock opened at C$37.23 on Wednesday. The firm has a market capitalization of C$1.54 billion, a P/E ratio of 43.29 and a beta of 0.63. Jamieson Wellness Inc. has a 1 year low of C$23.98 and a 1 year high of C$37.99. The firm’s fifty day simple moving average is C$35.30 and its 200 day simple moving average is C$32.15. 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 Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 13th. Stockholders of record on Friday, December 13th will be issued 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 annualized dividend and a dividend yield of 2.26%. Jamieson Wellness’s payout ratio is presently 97.67%.

Analysts Set New Price Targets

JWEL has been the topic of a number of recent analyst reports. Royal Bank of Canada raised their price objective on Jamieson Wellness from C$37.00 to C$38.00 in a research note on Friday, November 8th. TD Securities boosted 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 research note on Friday, November 8th. Finally, National Bankshares raised their target price on shares of Jamieson Wellness from C$36.50 to C$42.00 in a research note 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.