Supremex (TSE:SXP) Shares Cross Above 200 Day Moving Average – What’s Next?

Supremex Inc. (TSE:SXP) crossed 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$3.78. Supremex shares last traded at C$3.72, with a volume of 6,565 shares traded.

Supremex Price Performance

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 cap of C$90.51 million, a P/E ratio of 8.45, a PEG ratio of 0.31 and a beta of 0.57. The company has a fifty day moving average price of C$3.64 and a two-hundred day moving average price of C$3.67.

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

Supremex Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Thursday, June 18th were issued a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 5.4%. The ex-dividend date was Thursday, June 4th. Supremex’s dividend payout ratio 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.