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

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

Jamieson Wellness Stock Performance

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

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

Jamieson Wellness Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 15th were paid a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date was Monday, June 1st. Jamieson Wellness’s dividend payout ratio (DPR) is currently 52.02%.

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.