Regan Stewart Sells 1,637 Shares of Jamieson Wellness Inc. (TSE:JWEL) Stock

Jamieson Wellness Inc. (TSE:JWEL) Senior Officer Regan Stewart sold 1,637 shares of the company’s stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of C$35.67, for a total transaction of C$58,384.75.

Regan Stewart also recently made the following trade(s):

• On Monday, August 26th, Regan Stewart sold 8,732 shares of Jamieson Wellness stock. The stock was sold at an average price of C$31.65, for a total value of C$276,373.04.

Jamieson Wellness Trading Down 0.0 %

Jamieson Wellness stock traded down C$0.01 during trading hours on Monday, reaching C$35.24. 41,047 shares of the company’s stock were exchanged, compared to its average volume of 61,011. 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 firm’s 50 day simple moving average is C$34.36 and its 200 day simple moving average is C$30.95. The firm has a market capitalization of C$1.46 billion, a PE ratio of 40.99 and a beta of 0.63. Jamieson Wellness Inc. has a twelve month low of C$23.98 and a twelve month high of C$36.77.

Jamieson Wellness Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 13th. Investors of record on Friday, December 13th will be paid a $0.21 dividend. 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 yield of 2.38%. Jamieson Wellness’s dividend payout ratio is presently 97.67%.

Wall Street Analyst Weigh In

JWEL has been the subject of a number of recent research reports. TD Securities lifted their price objective on Jamieson Wellness from C$40.00 to C$42.00 and gave the stock a “buy” rating in a research report on Friday, November 8th. Royal Bank of Canada upped their target price on Jamieson Wellness from C$37.00 to C$38.00 in a research report on Friday, November 8th. BMO Capital Markets upped their price target on Jamieson Wellness from C$35.00 to C$42.00 in a research report on Friday, August 9th. Finally, Canaccord Genuity Group increased their price target on Jamieson Wellness from C$32.50 to C$36.25 in a research note on Friday, August 9th.

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.