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Insider Selling: Jamieson Wellness Inc (TSE:JWEL) Insider Sells 2,000 Shares of Stock

Jamieson Wellness Inc (TSE:JWEL) insider Robert Chan sold 2,000 shares of the business’s stock in a transaction on Friday, December 14th. The stock was sold at an average price of C$21.10, for a total transaction of C$42,200.00.

Shares of JWEL stock traded down C$0.29 during mid-day trading on Friday, hitting C$21.15. 64,545 shares of the stock traded hands, compared to its average volume of 73,436. Jamieson Wellness Inc has a 52-week low of C$17.15 and a 52-week high of C$27.88. The company has a debt-to-equity ratio of 74.86, a current ratio of 1.72 and a quick ratio of 0.81.

Several research firms have recently commented on JWEL. TD Securities lowered their target price on shares of Jamieson Wellness from C$31.00 to C$27.00 and set a “buy” rating on the stock in a report on Friday, November 23rd. Royal Bank of Canada decreased their price target on shares of Jamieson Wellness from C$29.00 to C$28.00 and set an “outperform” rating on the stock in a research note on Wednesday, November 7th. Canaccord Genuity decreased their price target on shares of Jamieson Wellness from C$28.00 to C$26.00 in a research note on Wednesday, November 7th. National Bank Financial cut their price objective on shares of Jamieson Wellness from C$29.00 to C$27.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 7th. Finally, BMO Capital Markets cut shares of Jamieson Wellness from an “outperform” rating to a “market perform” rating and cut their price objective for the company from C$28.00 to C$24.00 in a research report on Wednesday, November 7th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of C$26.03.

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About Jamieson Wellness

Jamieson Wellness Inc develops, manufactures, distributes, sells, and markets natural health products worldwide. The company operates in two segments, Jamieson Brands and Strategic Partners. The company offers health products for humans, including vitamins, herbals, and mineral nutritional supplements; and over-the-counter remedies under the Jamieson and LVHS brands, as well as sports nutrition products under the Progressive, Precision, and Iron Vegan brands.

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Insider Buying and Selling by Quarter for Jamieson Wellness (TSE:JWEL)

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