Supremex (TSE:SXP) Stock Price Crosses Below 200-Day Moving Average – Here’s What Happened

Supremex Inc. (TSE:SXP) passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$3.91 and traded as low as C$3.50. Supremex shares last traded at C$3.53, with a volume of 28,461 shares.

Supremex Stock Up 1.4%

The firm has a market cap of C$87.63 million, a PE ratio of 5.34, a PEG ratio of 0.31 and a beta of 0.94. The company has a debt-to-equity ratio of 86.35, a quick ratio of 1.01 and a current ratio of 2.20. The company’s 50-day simple moving average is C$3.63 and its two-hundred day simple moving average is C$3.91.

Supremex (TSE:SXP) last released its quarterly earnings data on Thursday, November 6th. The company reported C$0.19 earnings per share (EPS) for the quarter. The firm had revenue of C$65.68 million for the quarter. Supremex had a negative net margin of 5.92% and a negative return on equity of 13.05%. On average, analysts predict that Supremex Inc. will post 0.7454874 earnings per share for the current fiscal year.

Supremex Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, December 19th. Investors of record on Friday, December 19th were paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 5.6%. The ex-dividend date of this dividend was Thursday, December 4th. Supremex’s dividend payout ratio is presently 29.85%.

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.