Jamieson Wellness (TSE:JWEL) Trading Up 3.7%

Jamieson Wellness Inc. (TSE:JWELGet Free Report)’s stock price traded up 3.7% during trading on Monday . The company traded as high as C$30.50 and last traded at C$30.38. 108,775 shares traded hands during mid-day trading, an increase of 51% from the average session volume of 72,171 shares. The stock had previously closed at C$29.31.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the stock. Royal Bank of Canada increased their target price on shares of Jamieson Wellness from C$31.00 to C$32.00 in a research note on Friday, May 10th. Stifel Nicolaus lowered their price objective on shares of Jamieson Wellness from C$45.00 to C$42.00 in a report on Thursday, March 14th. TD Securities lowered their price objective on shares of Jamieson Wellness from C$39.00 to C$32.00 in a report on Friday, May 10th. Scotiabank lowered their target price on shares of Jamieson Wellness from C$32.00 to C$29.00 in a report on Thursday, March 14th. Finally, Eight Capital lowered their target price on shares of Jamieson Wellness from C$46.00 to C$38.00 in a report on Thursday, March 14th. Two research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat, Jamieson Wellness presently has a consensus rating of “Moderate Buy” and a consensus target price of C$34.69.

Check Out Our Latest Report on Jamieson Wellness

Jamieson Wellness Price Performance

The company has a quick ratio of 1.08, a current ratio of 3.23 and a debt-to-equity ratio of 95.32. The stock has a market cap of C$1.27 billion, a P/E ratio of 37.38 and a beta of 0.58. The business’s 50-day simple moving average is C$27.32 and its two-hundred day simple moving average is C$28.43.

Jamieson Wellness Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 14th. Stockholders of record on Friday, June 14th were given a $0.19 dividend. The ex-dividend date was Friday, May 31st. This represents a $0.76 dividend on an annualized basis and a dividend yield of 2.48%. Jamieson Wellness’s dividend payout ratio (DPR) is currently 92.68%.

Insider Buying and Selling at Jamieson Wellness

In other Jamieson Wellness news, Director Tania M. Clarke purchased 4,000 shares of the firm’s stock in a transaction on Friday, May 24th. The shares were purchased at an average cost of C$26.47 per share, with a total value of C$105,888.00. 0.23% of the stock is currently owned by company insiders.

Jamieson Wellness Company Profile

(Get Free Report)

Jamieson Wellness Inc, together with its subsidiaries, develops, manufactures, distributes, markets, and sells of branded and customer branded health products for humans in Canada, the United States, China and internationally. It 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.

Recommended Stories

Receive News & Ratings for Jamieson Wellness Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Jamieson Wellness and related companies with MarketBeat.com's FREE daily email newsletter.