Jamieson Wellness Inc. (TSE:JWEL) Senior Officer Regan Stewart Sells 1,300 Shares

Jamieson Wellness Inc. (TSE:JWEL) Senior Officer Regan Stewart sold 1,300 shares of the company’s stock in a transaction on Thursday, December 12th. The stock was sold at an average price of C$37.84, for a total value 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 stock was sold at an average price of C$37.52, for a total value 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 value 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 Stock Performance

Shares of JWEL stock opened at C$37.79 on Wednesday. The business has a 50-day simple moving average of C$35.51 and a 200-day simple moving average of C$32.53. The company has a quick ratio of 1.08, a current ratio of 3.21 and a debt-to-equity ratio of 92.76. The stock has a market cap of C$1.57 billion, a PE ratio of 43.94 and a beta of 0.63. Jamieson Wellness Inc. has a 52-week low of C$23.98 and a 52-week high of C$38.00.

Jamieson Wellness Increases Dividend

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

Analysts Set New Price Targets

Several equities analysts recently commented on the stock. TD Securities increased their price objective on shares of Jamieson Wellness from C$40.00 to C$42.00 and gave the company a “buy” rating in a research report on Friday, November 8th. National Bankshares raised their price target 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 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.