Jamieson Wellness Inc. (TSE:JWEL - Get Free Report)'s stock price fell 0.4% during trading on Tuesday . The stock traded as low as C$35.10 and last traded at C$35.52. 52,108 shares were traded during mid-day trading, a decline of 27% from the average session volume of 71,392 shares. The stock had previously closed at C$35.68.
Wall Street Analysts Forecast Growth
Separately, Royal Bank Of Canada increased their price objective on Jamieson Wellness from C$40.00 to C$42.00 in a research note on Friday, May 9th.
Read Our Latest Analysis on JWEL
Jamieson Wellness Price Performance
The stock's 50 day moving average is C$34.70 and its two-hundred day moving average is C$33.19. The stock has a market capitalization of C$1.47 billion, a PE ratio of 36.97 and a beta of 0.63. The company has a debt-to-equity ratio of 75.70, a current ratio of 2.76 and a quick ratio of 1.08.
Insider Activity
In other news, Senior Officer Regan Stewart sold 7,044 shares of the firm's stock in a transaction on Friday, May 30th. The shares were sold at an average price of C$35.28, for a total value of C$248,510.91. Also, Senior Officer Paul Michael Galbraith sold 1,044 shares of Jamieson Wellness stock in a transaction on Monday, May 26th. The stock was sold at an average price of C$35.06, for a total transaction of C$36,603.06. Over the last quarter, insiders have sold 46,959 shares of company stock worth $1,651,365. Insiders own 0.26% of the company's stock.
Jamieson Wellness Company Profile
(
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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.
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