Jamieson Wellness (JWEL) Sets New 52-Week High at $24.49

Shares of Jamieson Wellness Inc (TSE:JWEL) reached a new 52-week high on Friday . The company traded as high as C$24.49 and last traded at C$23.95, with a volume of 8940 shares. The stock had previously closed at C$23.66.

A number of research firms recently weighed in on JWEL. BMO Capital Markets upped their price objective on shares of Jamieson Wellness from C$22.00 to C$26.00 in a research note on Friday, February 23rd. CIBC upped their price objective on shares of Jamieson Wellness from C$20.60 to C$22.00 in a research note on Friday, February 16th. Royal Bank of Canada upped their price objective on shares of Jamieson Wellness from C$23.00 to C$24.00 and gave the stock an “outperform” rating in a research note on Friday, February 23rd. Finally, National Bank Financial upped their price objective on shares of Jamieson Wellness from C$22.25 to C$24.75 and gave the stock an “outperform” rating in a research note on Friday, January 5th. Seven analysts have rated the stock with a buy rating, Jamieson Wellness currently has an average rating of “Buy” and an average price target of C$23.96.

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The company also recently announced a quarterly dividend, which was paid on Thursday, March 15th. Shareholders of record on Thursday, March 15th were issued a $0.08 dividend. The ex-dividend date was Tuesday, March 6th. This represents a $0.32 dividend on an annualized basis and a yield of 1.34%.

In other news, Director Steven Edward Spooner bought 2,400 shares of Jamieson Wellness stock in a transaction on Wednesday, February 28th. The stock was acquired at an average cost of C$20.95 per share, for a total transaction of C$50,280.00.

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About Jamieson Wellness

Jamieson Wellness Inc is a Canada-based company, which operates as the health and wellness company. The Company develops, manufactures and markets brand of vitamins and natural health products. The Company offers vitamins, minerals and supplements (VMS) products and certain over-the-counter remedies through Jamieson and LVHS brands as well as sports nutrition products through Progressive, Precision and Iron Vegan brands.

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