Supremex (TSE:SXP) Stock Crosses Above 200 Day Moving Average – Time to Sell?

Supremex Inc. (TSE:SXP) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$3.69 and traded as high as C$3.69. Supremex shares last traded at C$3.67, with a volume of 5,705 shares.

Supremex Trading Up 3.6%

The company has a quick ratio of 1.01, a current ratio of 1.68 and a debt-to-equity ratio of 185.57. The firm has a market capitalization of C$91.77 million, a PE ratio of 7.69, a PEG ratio of 0.31 and a beta of 0.57. The stock’s fifty day simple moving average is C$3.69 and its 200 day simple moving average is C$3.69.

Supremex (TSE:SXP) last issued its quarterly earnings results on Thursday, February 19th. The company reported C$0.06 earnings per share for the quarter. The business had revenue of C$72.92 million for the quarter. Supremex had a net margin of 4.38% and a return on equity of 10.80%. On average, sell-side analysts predict that Supremex Inc. will post 0.7454874 earnings per share for the current year.

Supremex Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 2nd. Investors of record on Thursday, April 2nd will be given a dividend of $0.05 per share. The ex-dividend date is Thursday, March 19th. This represents a $0.20 annualized dividend and a yield of 5.3%. Supremex’s payout ratio 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.