Joel Scales Buys 1,906 Shares of Jamieson Wellness Inc. (TSE:JWEL) Stock

Jamieson Wellness Inc. (TSE:JWEL - Get Free Report) Senior Officer Joel Scales purchased 1,906 shares of the business's stock in a transaction on Thursday, March 13th. The shares were bought at an average cost of C$28.34 per share, with a total value of C$54,016.04.

Jamieson Wellness Price Performance

JWEL stock traded up C$0.24 during midday trading on Friday, hitting C$29.40. The company's stock had a trading volume of 96,756 shares, compared to its average volume of 90,347. Jamieson Wellness Inc. has a 12 month low of C$25.42 and a 12 month high of C$38.20. The company has a quick ratio of 1.08, a current ratio of 2.76 and a debt-to-equity ratio of 75.70. The firm has a market capitalization of C$1.23 billion, a price-to-earnings ratio of 30.89 and a beta of 0.63. The company has a 50 day moving average of C$31.83 and a two-hundred day moving average of C$34.02.

Jamieson Wellness Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, March 14th were paid a $0.21 dividend. The ex-dividend date was Friday, March 7th. This represents a $0.84 annualized dividend and a yield of 2.86%. Jamieson Wellness's payout ratio is 88.26%.

Analysts Set New Price Targets

Several research firms recently issued reports on JWEL. Royal Bank of Canada increased their target price on shares of Jamieson Wellness from C$38.00 to C$41.00 and gave the stock an "outperform" rating in a report on Tuesday, February 25th. BMO Capital Markets increased their target price on shares of Jamieson Wellness from C$42.00 to C$46.00 in a report on Thursday, December 19th. Finally, National Bankshares increased their target price on shares of Jamieson Wellness from C$36.50 to C$42.00 in a report on Monday, November 25th.

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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.