Jamieson Wellness (TSE:JWEL) Sets New 12-Month High – Time to Buy?

Jamieson Wellness Inc. (TSE:JWEL) reached a new 52-week high during trading on Wednesday . The stock traded as high as C$37.99 and last traded at C$37.62, with a volume of 18967 shares trading hands. The stock had previously closed at C$37.77.

Jamieson Wellness Stock Performance

The firm has a fifty day moving average of C$34.68 and a 200-day moving average of C$35.23. The company has a quick ratio of 1.08, a current ratio of 2.76 and a debt-to-equity ratio of 75.70. The firm has a market cap of C$1.58 billion, a P/E ratio of 26.42 and a beta of 1.59.

Jamieson Wellness Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Monday, December 15th were given a dividend of $0.23 per share. The ex-dividend date was Monday, December 1st. This represents a $0.92 annualized dividend and a dividend yield of 2.4%. Jamieson Wellness’s payout ratio is currently 60.14%.

About Jamieson Wellness

Jamieson Wellness Inc is engaged in the manufacturing, distributing, and marketing of branded natural health products, including vitamins, minerals, and supplements. The company operates in two segments: The Jamieson brands and The Strategic Partners. The majority of its revenue comes from the Jamieson brand segment. Some of its brands are Jamieson, Progressive, Precision, and Iron Vegan. Geographically, most of its revenue is derived from the domestic market.