Supremex (TSE:SXP) Share Price Crosses Above Fifty Day Moving Average – Time to Sell?

Supremex Inc. (TSE:SXP)’s share price crossed above its 50 day moving average during trading on Friday. The stock has a 50 day moving average of C$3.33 and traded as high as C$3.47. Supremex shares last traded at C$3.38, with a volume of 11,043 shares traded.

Supremex Trading Up 5.0%

The company has a debt-to-equity ratio of 137.06, a quick ratio of 1.00 and a current ratio of 1.83. The firm’s fifty day simple moving average is C$3.33 and its 200 day simple moving average is C$3.58. The stock has a market capitalization of C$83.01 million, a P/E ratio of 6.90, a price-to-earnings-growth ratio of 0.31 and a beta of 0.11.

Supremex (TSE:SXP) last released its quarterly earnings data on Thursday, November 5th. The company reported C$0.03 EPS for the quarter. Supremex had a return on equity of 11.20% and a net margin of 4.27%. The firm had revenue of C$76.24 million for the quarter. As a group, equities research analysts forecast that Supremex Inc. will post 0.75 EPS for the current fiscal year.

Supremex Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 11th. Investors of record on Friday, September 11th were issued a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 5.9%. The ex-dividend date of this dividend was Thursday, August 27th. Supremex’s dividend payout ratio is currently 40.82%.

About Supremex

Supremex is a growing provider of paper-based packaging solutions and a leading North American manufacturer and marketer of envelopes. Supremex operates nine manufacturing facilities across four provinces in Canada and four manufacturing facilities in three states in the United States employing approximately 1,000 people. Supremex’ extensive network allows it to efficiently manufacture and distribute envelope and packaging solutions designed to the specifications of major national and multinational corporations, direct mailers, resellers, government entities, SMEs and solutions providers.