Jamieson Wellness (TSE:JWEL) Stock Price Down 0.2% – Time to Sell?

Jamieson Wellness Inc. (TSE:JWEL)’s share price was down 0.2% during trading on Tuesday . The company traded as low as C$32.79 and last traded at C$32.93. Approximately 44,087 shares traded hands during mid-day 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 stock has a 50 day moving average price of C$34.15 and a two-hundred day moving average price of C$35.24. 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 company has a market capitalization of C$1.39 billion, a price-to-earnings ratio of 23.27 and a beta of 1.30.

Jamieson Wellness (TSE:JWEL) last issued its quarterly earnings data on Thursday, November 6th. The company reported C$0.41 EPS for the quarter. The firm 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, analysts predict that Jamieson Wellness Inc. will post 2.1438892 EPS for the current fiscal year.

Jamieson Wellness Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Monday, December 15th were paid a $0.23 dividend. This represents a $0.92 annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend was Monday, December 1st. Jamieson Wellness’s dividend payout ratio (DPR) 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.