Jamieson Wellness Inc. (TSE:JWEL) Senior Officer Regan Stewart Sells 7,044 Shares

Jamieson Wellness Inc. (TSE:JWEL) Senior Officer Regan Stewart sold 7,044 shares of Jamieson Wellness stock in a transaction on Friday, May 30th. The stock was sold at an average price of C$35.28, for a total transaction of C$248,510.91.

Jamieson Wellness Stock Performance

TSE JWEL opened at C$35.83 on Wednesday. Jamieson Wellness Inc. has a 52-week low of C$26.98 and a 52-week high of C$38.20. The company has a debt-to-equity ratio of 75.70, a quick ratio of 1.08 and a current ratio of 2.76. The company has a market capitalization of C$1.50 billion, a P/E ratio of 37.65 and a beta of 0.63. The company has a fifty day moving average of C$32.39 and a 200-day moving average of C$33.26.

Jamieson Wellness Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, March 14th were given a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a yield of 2.34%. The ex-dividend date of this dividend was Friday, March 7th. Jamieson Wellness’s payout ratio is presently 88.26%.

Analyst Upgrades and Downgrades

Separately, Royal Bank of Canada lifted their price objective on shares of Jamieson Wellness from C$40.00 to C$42.00 in a report on Friday, May 9th.

Jamieson Wellness Company Profile

Jamieson Wellness Inc is engaged in the manufacturing, distributing, and marketing of branded natural health products, including vitamins, minerals, and supplements. The company operates in two segments: The Jamieson brands and The Strategic Partners. The majority of its revenue comes from the Jamieson brand segment.