Supremex (TSE:SXP) Reaches New 12-Month Low – What’s Next?

Supremex Inc. (TSE:SXP) reached a new 52-week low during trading on Tuesday . The stock traded as low as C$3.49 and last traded at C$3.50, with a volume of 35123 shares changing hands. The stock had previously closed at C$3.57.

Supremex Trading Up 2.0%

The stock has a market cap of C$88.37 million, a price-to-earnings ratio of 7.41, a price-to-earnings-growth ratio of 0.31 and a beta of 0.57. The firm’s 50 day moving average is C$3.71 and its two-hundred day moving average is C$3.71. The company has a quick ratio of 1.01, a current ratio of 1.68 and a debt-to-equity ratio of 185.57.

Supremex (TSE:SXP) last issued its earnings results on Thursday, February 19th. The company reported C$0.06 EPS for the quarter. The company had revenue of C$72.92 million during the quarter. Supremex had a return on equity of 10.80% and a net margin of 4.38%. Equities analysts anticipate that Supremex Inc. will post 0.7454874 EPS for the current year.

Supremex Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 2nd. Investors of record on Thursday, April 2nd will be issued a $0.05 dividend. The ex-dividend date of this dividend is Thursday, March 19th. This represents a $0.20 annualized dividend and a dividend yield of 5.5%. Supremex’s dividend payout ratio (DPR) is 40.82%.

About Supremex

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.