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

Jamieson Wellness Inc. (TSE:JWEL) Senior Officer Regan Stewart sold 1,300 shares of the company’s stock in a transaction that occurred on Thursday, December 12th. The shares were 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 transaction 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 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 transaction of C$58,384.75.

Jamieson Wellness Stock Performance

Shares of Jamieson Wellness stock opened at C$37.71 on Thursday. The business has a 50-day moving average price of C$35.57 and a two-hundred day moving average price of C$32.61. Jamieson Wellness Inc. has a 1-year low of C$23.98 and a 1-year high of C$38.10. The company has a current ratio of 3.21, a quick ratio of 1.08 and a debt-to-equity ratio of 92.76. The company has a market cap of C$1.56 billion, a P/E ratio of 43.85 and a beta of 0.63.

Jamieson Wellness Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 13th. Investors of record on Friday, December 13th were given a dividend of $0.21 per share. This is a positive change from Jamieson Wellness’s previous quarterly dividend of $0.19. The ex-dividend date was Friday, November 29th. This represents a $0.84 annualized dividend and a dividend yield of 2.23%. Jamieson Wellness’s dividend payout ratio is presently 97.67%.

Analyst Ratings Changes

JWEL has been the subject of several analyst reports. Royal Bank of Canada raised their target price on Jamieson Wellness from C$37.00 to C$38.00 in a research report on Friday, November 8th. TD Securities increased 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. Finally, National Bankshares lifted their price objective on 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.