Jamieson Wellness (TSE:JWEL) Stock Price Up 0.5% – Here’s Why

Shares of Jamieson Wellness Inc. (TSE:JWEL) traded up 0.5% during trading on Tuesday . The company traded as high as C$34.49 and last traded at C$34.43. 46,249 shares changed hands during trading, a decline of 17% from the average session volume of 55,440 shares. The stock had previously closed at C$34.25.

Jamieson Wellness Price Performance

The company has a debt-to-equity ratio of 75.70, a current ratio of 2.76 and a quick ratio of 1.08. The business’s fifty day moving average price is C$33.97 and its 200-day moving average price is C$35.03. The stock has a market capitalization of C$1.44 billion, a price-to-earnings ratio of 24.08 and a beta of 1.54.

Jamieson Wellness (TSE:JWEL) last announced its quarterly earnings results on Thursday, November 6th. The company reported C$0.41 earnings per share for the quarter. The business had revenue of C$199.33 million for the quarter. Jamieson Wellness had a net margin of 5.57% and a return on equity of 8.99%. On average, research analysts forecast that Jamieson Wellness Inc. will post 2.1438892 EPS for the current year.

Jamieson Wellness Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 15th. Investors of record on Monday, December 15th were given a dividend of $0.23 per share. The ex-dividend date of this dividend was Monday, December 1st. This represents a $0.92 annualized dividend and a dividend yield of 2.7%. Jamieson Wellness’s payout ratio is presently 60.14%.

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.