Jamieson Wellness (TSE:JWEL) Shares Down 0.4% - Time to Sell?

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.

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

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.