Jamieson Wellness Inc. (TSE:JWEL – Get Free Report) Director Tania M. Clarke bought 4,000 shares of the company’s stock in a transaction on Friday, May 24. The shares were purchased at an average price of C$26.47 per share, for a total value of C$105,888.00.
Jamieson Wellness Price Performance
TSE:JWEL opened trading at C$26.15 on Tuesday. Jamieson Wellness Inc.’s 52-week low is C$22.10 and its high is C$32.41. The stock’s 50-day moving average is C$26.24 and its 200-day moving average is C$28.76. The company has a debt-to-equity ratio of 95.32, a quick ratio of 1.08 and a current ratio of 3.23. The company has a market capitalization of C$1.08 billion, a price-to-earnings ratio of 31.89 and a beta of 0.58.
Jamieson Wellness announces dividend
The company also recently declared a quarterly dividend, which is scheduled to be paid on Friday, June 14th. Stockholders of record on Friday, June 14th will be paid a dividend of $0.19 per share. The ex-dividend date for this dividend is Friday, May 31st. This equates to an annualized dividend of $0.76, for a dividend yield of 2.91%. Jamieson Wellness’s Dividend Payout Ratio (DPR) is currently 92.68%.
Analysts Set New Price Targets
A number of stock analysts have commented on the stock. Eight Capital lowered their target price for Jamieson Wellness from C$46.00 to C$38.00 in a research note on Thursday, March 14th. Stifel Nicolaus lowered their target price for Jamieson Wellness from C$45.00 to C$42.00 in a research note on Thursday, March 14th. Royal Bank of Canada raised their target price for Jamieson Wellness from C$31.00 to C$32.00 in a research note on Friday, May 10th. National Bankshares lowered their target price for Jamieson Wellness from C$38.50 to C$36.00 in a research note on Thursday, March 14th. Finally, TD Securities lowered their target price for Jamieson Wellness from C$39.00 to C$32.00 in a research note on Friday, May 10th. Two investment analysts have rated the stock with a hold rating and six have issued a buy rating. According to MarketBeat data, the stock currently has an average rating of “Moderate Buy” with a consensus target price of C$34.69.
View our latest analysis for Jamieson Wellness
Jamieson Wellness Company Profile
(Get your free report)
Jamieson Wellness Inc, together with its subsidiaries, develops, manufactures, distributes, markets and sells branded and customer-branded human health products in Canada, the United States, China and internationally. The company 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.
References
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