Christopher Snowden Sells 37,403 Shares of Jamieson Wellness Inc. (TSE:JWEL) Stock

Jamieson Wellness Inc. (TSE:JWEL - Get Free Report) Senior Officer Christopher Snowden sold 37,403 shares of the firm's stock in a transaction dated Thursday, May 29th. The shares were sold at an average price of C$35.15, for a total value of C$1,314,782.78.

Jamieson Wellness Trading Up 0.7%

Shares of JWEL traded up C$0.26 during trading hours on Friday, hitting C$35.71. The company had a trading volume of 107,535 shares, compared to its average volume of 75,780. The firm has a market cap of C$1.50 billion, a P/E ratio of 37.52 and a beta of 0.63. The stock's 50 day moving average price is C$32.12 and its 200 day moving average price is C$33.25. The company has a quick ratio of 1.08, a current ratio of 2.76 and a debt-to-equity ratio of 75.70. Jamieson Wellness Inc. has a 52-week low of C$26.00 and a 52-week high of C$38.20.

Jamieson Wellness Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, March 14th were issued a $0.21 dividend. The ex-dividend date of this dividend was Friday, March 7th. This represents a $0.84 annualized dividend and a dividend yield of 2.35%. Jamieson Wellness's dividend payout ratio is currently 88.26%.

Analysts Set New Price Targets

Separately, Royal Bank of Canada raised their price target on Jamieson Wellness from C$40.00 to C$42.00 in a research 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.