Supremex (TSE:SXP) Stock Price Passes Above 200 Day Moving Average of $3.95

Shares of Supremex Inc. (TSE:SXP) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$3.95 and traded as high as C$4.09. Supremex shares last traded at C$3.99, with a volume of 19,549 shares trading hands.

Supremex Stock Up 1.8 %

The business’s 50 day simple moving average is C$4.06 and its 200 day simple moving average is C$3.95. The company has a current ratio of 2.14, a quick ratio of 1.01 and a debt-to-equity ratio of 72.60. The firm has a market capitalization of C$98.63 million, a PE ratio of 9.07, a PEG ratio of 0.31 and a beta of 1.34.

Supremex (TSE:SXP) last released its quarterly earnings results on Thursday, August 8th. The company reported C$0.08 EPS for the quarter. The company had revenue of C$69.34 million during the quarter, compared to analyst estimates of C$65.40 million. Supremex had a return on equity of 8.31% and a net margin of 3.93%. On average, equities research analysts forecast that Supremex Inc. will post 0.7585551 earnings per share for the current year.

Supremex Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 20th. Shareholders of record on Friday, September 20th will be paid a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a yield of 4.01%. The ex-dividend date of this dividend is Thursday, September 5th. Supremex’s payout ratio is 36.36%.

Supremex Company Profile

Supremex Inc engages in the manufacture and markets envelopes, and paper-based packaging solutions and specialty products to corporations, resellers, government entities, small and medium sized enterprises, direct mailers, and solutions providers primarily in Canada and the United States. The company offers a range of stock and custom envelopes in various styles, shapes, and colors; and e-Commerce fulfillment packaging solutions; labels; polyethylene bags for courier applications; and bubble mailers.