Insider Selling: Jamieson Wellness Inc. (TSE:JWEL) Senior Officer Sells C$49,912.76 in Stock

Jamieson Wellness Inc. (TSE:JWEL) Senior Officer Eric Bentz sold 1,744 shares of the business’s stock in a transaction on Wednesday, March 5th. The shares were sold at an average price of C$28.62, for a total transaction of C$49,912.76.

Jamieson Wellness Trading Up 1.6 %

JWEL opened at C$28.68 on Monday. Jamieson Wellness Inc. has a 1-year low of C$23.98 and a 1-year high of C$38.20. The company has a current ratio of 2.76, a quick ratio of 1.08 and a debt-to-equity ratio of 75.70. The company has a market cap of C$1.20 billion, a P/E ratio of 30.13 and a beta of 0.63. The company has a fifty day moving average price of C$33.24 and a two-hundred day moving average price of C$34.20.

Jamieson Wellness Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, March 14th will be paid a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 2.93%. The ex-dividend date is Friday, March 7th. Jamieson Wellness’s dividend payout ratio (DPR) is currently 88.26%.

Wall Street Analysts Forecast Growth

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

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.