Neptune Wellness Solutions Inc (TSE:NEPT) Senior Officer Jean-Daniel Bélanger sold 14,026 shares of the business’s stock in a transaction that occurred on Wednesday, June 17th. The stock was sold at an average price of C$3.50, for a total value of C$49,091.00.

Shares of TSE:NEPT traded down C$0.21 during trading hours on Tuesday, hitting C$3.79. 202,111 shares of the company’s stock traded hands, compared to its average volume of 292,183. Neptune Wellness Solutions Inc has a 1 year low of C$1.35 and a 1 year high of C$8.60. The business has a fifty day moving average price of C$3.87 and a 200-day moving average price of C$3.12. The firm has a market capitalization of $397.35 million and a P/E ratio of -5.57. The company has a debt-to-equity ratio of 3.32, a current ratio of 2.25 and a quick ratio of 1.59.

Separately, Cowen boosted their price objective on Neptune Wellness Solutions from C$2.75 to C$3.75 in a research note on Sunday, May 17th.

About Neptune Wellness Solutions

Neptune Wellness Solutions Inc, a health and wellness products company, engages in the extraction, purification, and formulation of value-added differentiated science based products. It develops turnkey nutrition product solutions in various delivery forms. The company offers specialty ingredients, such as MaxSimil, a patented ingredient that enhances the absorption of lipid-based nutraceuticals, and various other marine and seed oils.

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