Jamieson Wellness (TSE:JWEL) Trading Down 1.3%

Jamieson Wellness Inc. (TSE:JWEL) fell 1.3% during mid-day trading on Wednesday . The stock traded as low as C$34.87 and last traded at C$35.00. 35,340 shares were traded during trading, a decline of 66% from the average session volume of 102,994 shares. The stock had previously closed at C$35.45.

Several research firms have issued reports on JWEL. Scotiabank lowered shares of Jamieson Wellness from an “outperform” rating to a “sector perform” rating and set a C$40.00 price target on the stock. in a research report on Tuesday, March 23rd. CIBC reaffirmed an “outperform” rating and set a C$45.00 price target on shares of Jamieson Wellness in a research report on Monday, May 3rd. BMO Capital Markets lowered shares of Jamieson Wellness from an “outperform” rating to a “market perform” rating and dropped their price target for the stock from C$42.00 to C$37.00 in a research report on Wednesday, June 9th. Finally, Royal Bank of Canada upped their price objective on shares of Jamieson Wellness from C$42.00 to C$43.00 and gave the company an “outperform” rating in a report on Thursday, May 6th. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of C$42.54.

The company has a debt-to-equity ratio of 64.78, a current ratio of 2.54 and a quick ratio of 1.21. The firm’s 50 day moving average price is C$35.28. The firm has a market cap of C$1.40 billion and a price-to-earnings ratio of 36.53.

Jamieson Wellness Company Profile (TSE:JWEL)

Jamieson Wellness Inc develops, manufactures, distributes, and sells natural health products in Canada and internationally. The company operates in two segments, Jamieson Brands and Strategic Partners. The Jamieson Brands segment offers health products for humans, including vitamins, herbals, and mineral nutritional supplements; and over-the-counter remedies under the Jamieson and Lorna Vanderhaeghe Health Solutions Inc brands, as well as sports nutrition products under the Progressive, Precision, and Iron Vegan brands.

Featured Article: How Do I Invest in Dividend Stocks

Receive News & Ratings for Jamieson Wellness Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Jamieson Wellness and related companies with MarketBeat.com's FREE daily email newsletter.