Supremex (TSE:SXP) Stock Crosses Above 200-Day Moving Average – Time to Sell?

Supremex Inc. (TSE:SXPGet Free Report) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$3.67 and traded as high as C$3.68. Supremex shares last traded at C$3.64, with a volume of 4,627 shares.

Supremex Stock Performance

The firm’s 50-day moving average price is C$3.66 and its two-hundred day moving average price is C$3.67. The company has a debt-to-equity ratio of 100.62, a quick ratio of 1.01 and a current ratio of 1.95. The stock has a market cap of C$88.56 million, a price-to-earnings ratio of 8.27, a PEG ratio of 0.31 and a beta of 0.53.

Supremex (TSE:SXPGet Free Report) last announced its quarterly earnings results on Thursday, May 7th. The company reported C$0.08 earnings per share 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 for the quarter. On average, analysts expect that Supremex Inc. will post 0.7454874 EPS for the current fiscal year.

Supremex Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, April 2nd. Investors of record on Thursday, April 2nd were paid a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 5.5%. The ex-dividend date was Thursday, March 19th. Supremex’s dividend payout ratio is presently 45.45%.

About Supremex

(Get Free Report)

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.

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