Supremex (TSE:SXP) Share Price Passes Above Two Hundred Day Moving Average – Here’s What Happened

Supremex Inc. (TSE:SXP)’s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$3.68 and traded as high as C$3.73. Supremex shares last traded at C$3.70, with a volume of 3,712 shares.

Supremex Trading Up 1.4%

The company has a current ratio of 1.95, a quick ratio of 1.00 and a debt-to-equity ratio of 100.62. The firm has a market capitalization of C$90.02 million, a price-to-earnings ratio of 8.41, a P/E/G ratio of 0.31 and a beta of 0.52. The firm’s 50-day moving average is C$3.64 and its 200 day moving average is C$3.68.

Supremex (TSE:SXP) last released its quarterly earnings results on Thursday, May 7th. The company reported C$0.08 earnings per share (EPS) for the quarter. Supremex had a net margin of 3.90% and a return on equity of 9.93%. The firm had revenue of C$74.84 million during the quarter. On average, equities analysts predict that Supremex Inc. will post 0.7454874 earnings per share for the current fiscal year.

Supremex Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Thursday, June 18th were given a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 5.4%. The ex-dividend date was Thursday, June 4th. Supremex’s dividend payout ratio (DPR) is 45.45%.

Supremex Company Profile

Supremex Inc is engaged in manufacturer and marketer of a broad range of custom envelopes and packaging products. The company operates in two business segments that are Manufacturing and Sale of Envelopes, and the manufacturing and sale of paper-based packaging solutions and specialty products. The majority of the revenue is generated from the Envelope segment. Its product portfolio consists of translucent envelopes, custom envelopes, stock envelopes, poly mailers, enviro-Logix flat mailers, board mailers, custom labels, affixing, repositionable notes and others.