Jamieson Wellness Inc (TSE:JWEL)’s share price hit a new 52-week high during trading on Wednesday . The stock traded as high as C$40.62 and last traded at C$39.87, with a volume of 64123 shares changing hands. The stock had previously closed at C$39.67.
A number of brokerages have recently weighed in on JWEL. National Bank Financial boosted their price objective on shares of Jamieson Wellness from C$37.50 to C$39.75 and gave the stock an “outperform” rating in a report on Monday, August 17th. Eight Capital raised their price objective on Jamieson Wellness from C$41.00 to C$44.00 in a research note on Friday, September 18th. Finally, CIBC lifted their price target on Jamieson Wellness from C$36.00 to C$42.00 in a research note on Monday, August 17th.
The company has a debt-to-equity ratio of 64.23, a quick ratio of 1.08 and a current ratio of 2.50. The firm has a market capitalization of $1.57 billion and a PE ratio of 49.71. The stock’s 50-day simple moving average is C$37.95 and its 200-day simple moving average is C$33.44.
About Jamieson Wellness (TSE:JWEL)
Jamieson Wellness Inc develops, manufactures, distributes, sells, and markets natural health products in Canada and internationally. 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 Lorna Vanderhaeghe Health Solutions Inc brands, as well as sports nutrition products under the Progressive, Precision, and Iron Vegan brands.
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