Jamieson Wellness (TSE:JWEL) Shares Down 0.2% – What’s Next?

Jamieson Wellness Inc. (TSE:JWEL)’s stock price was down 0.2% during trading on Tuesday . The stock traded as low as C$32.79 and last traded at C$32.93. Approximately 44,087 shares changed hands during trading, a decline of 36% from the average daily volume of 69,261 shares. The stock had previously closed at C$32.98.

Jamieson Wellness Stock Performance

The company’s 50-day simple moving average is C$34.18 and its 200-day simple moving average is C$35.26. The stock has a market capitalization of C$1.38 billion, a price-to-earnings ratio of 23.03 and a beta of 1.30. The company has a current ratio of 2.76, a quick ratio of 1.08 and a debt-to-equity ratio of 75.70.

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

Jamieson Wellness Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 15th were given a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date was Monday, December 1st. Jamieson Wellness’s payout ratio is 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.