Johnson Outdoors Inc. (JOUT) Reaches New 1-Year High at $31.33
Shares of Johnson Outdoors Inc. (NASDAQ:JOUT) reached a new 52-week high on Friday . The stock traded as high as $31.33 and last traded at $31.33, with a volume of 18,331 shares changing hands. The stock had previously closed at $29.75.
Separately, TheStreet upgraded Johnson Outdoors from a “hold” rating to a “buy” rating in a research note on Friday, May 6th.
The firm has a 50 day moving average price of $27.34 and a 200-day moving average price of $23.90. The firm has a market cap of $306.19 million and a price-to-earnings ratio of 15.53.
The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 28th. Shareholders of record on Thursday, July 14th were paid a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 1.03%. The ex-dividend date of this dividend was Tuesday, July 12th.
Johnson Outdoors Inc is a manufacturer and marketer of branded seasonal, outdoor recreation products. The Company operates through four segments: Marine Electronics, Outdoor Equipment, Watercraft and Diving. Its Marine Electronics segment’s brands are Minn Kota, Humminbird and Cannon. Its Outdoor Equipment segment’s brands are Eureka!, Jetboil and Silva.
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