Supremex (TSE:SXP) Stock Price Passes Above Two Hundred Day Moving Average – Should You Sell?

Supremex Inc. (TSE:SXP)’s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$3.67 and traded as high as C$3.71. Supremex shares last traded at C$3.70, with a volume of 23,969 shares trading hands.

Supremex Price Performance

The company has a 50-day simple moving average of C$3.65 and a 200-day simple moving average of C$3.67. The stock has a market cap of C$90.27 million, a PE ratio of 7.57, a PEG ratio of 0.31 and a beta of 0.51. The company has a debt-to-equity ratio of 137.06, a current ratio of 1.83 and a quick ratio of 1.00.

Supremex (TSE:SXP) last released its earnings results on Friday, July 31st. The company reported C$0.06 EPS for the quarter. The company had revenue of C$71.56 million during the quarter. Supremex had a return on equity of 11.20% and a net margin of 4.27%. Sell-side analysts anticipate that Supremex Inc. will post 0.7454874 EPS for the current fiscal year.

Supremex Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 11th. Investors of record on Friday, September 11th will be paid a $0.05 dividend. The ex-dividend date is Thursday, August 27th. This represents a $0.20 annualized dividend and a dividend yield of 5.4%. 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.