Joel Scales Buys 480 Shares of Jamieson Wellness Inc. (TSE:JWEL) Stock

Jamieson Wellness Inc. (TSE:JWEL - Get Free Report) Senior Officer Joel Scales bought 480 shares of the company's stock in a transaction on Friday, May 30th. The stock was bought at an average price of C$35.35 per share, for a total transaction of C$16,968.00.

Joel Scales also recently made the following trade(s):

• On Monday, May 26th, Joel Scales sold 1,044 shares of Jamieson Wellness stock. The stock was sold at an average price of C$35.06, for a total value of C$36,603.06.
• On Thursday, March 13th, Joel Scales purchased 1,906 shares of Jamieson Wellness stock. The shares were purchased at an average cost of C$28.34 per share, for a total transaction of C$54,016.04.

Jamieson Wellness Stock Performance

JWEL stock traded up C$0.26 during midday trading on Friday, reaching C$35.71. 107,535 shares of the company's stock traded hands, compared to its average volume of 75,780. The firm has a market capitalization of C$1.50 billion, a PE ratio of 37.52 and a beta of 0.63. The company has a 50-day moving average price of C$32.12 and a two-hundred day moving average price of C$33.25. Jamieson Wellness Inc. has a 52 week low of C$26.00 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.

Jamieson Wellness Dividend Announcement

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

Wall Street Analysts Forecast Growth

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

About Jamieson Wellness

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.