Jamieson Wellness (TSE:JWEL) Hits New 12-Month High – Should You Buy?

Jamieson Wellness Inc. (TSE:JWEL)’s stock price reached a new 52-week high on Friday . The company traded as high as C$45.46 and last traded at C$45.41, with a volume of 161820 shares traded. The stock had previously closed at C$41.50.

Jamieson Wellness Stock Performance

The company has a market capitalization of C$1.89 billion, a PE ratio of 26.34 and a beta of 1.48. The business’s 50-day moving average is C$39.42 and its 200-day moving average is C$36.69. The company has a debt-to-equity ratio of 96.64, a quick ratio of 1.08 and a current ratio of 3.58.

Jamieson Wellness (TSE:JWEL) last posted its quarterly earnings data on Thursday, August 6th. The company reported C$0.46 EPS for the quarter. The business had revenue of C$233.84 million for the quarter. Jamieson Wellness had a net margin of 8.71% and a return on equity of 15.25%. On average, research analysts anticipate that Jamieson Wellness Inc. will post 2.1438892 earnings per share for the current year.

Jamieson Wellness Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 15th were given a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend was Monday, June 1st. Jamieson Wellness’s payout ratio is currently 52.02%.

Jamieson Wellness Company Profile

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.