Supreme’s (SUP) House Stock Rating Reaffirmed at Shore Capital

Shore Capital restated their house stock rating on shares of Supreme (LON:SUP) in a research note released on Monday, MarketBeat.com reports.

Supreme Stock Up 5.4 %

SUP opened at GBX 176 ($2.23) on Monday. The company has a debt-to-equity ratio of 25.39, a current ratio of 2.11 and a quick ratio of 0.98. Supreme has a 12 month low of GBX 87 ($1.10) and a 12 month high of GBX 209.70 ($2.65). The business has a 50 day simple moving average of GBX 159.65 and a 200-day simple moving average of GBX 164. The stock has a market capitalization of £205.20 million, a P/E ratio of 977.78 and a beta of 1.13.

Supreme Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, January 10th. Shareholders of record on Thursday, December 5th will be paid a dividend of GBX 1.80 ($0.02) per share. The ex-dividend date of this dividend is Thursday, December 5th. This represents a dividend yield of 1.03%. Supreme’s dividend payout ratio is currently 2,777.78%.

Insider Activity

In other news, insider Sandeep Chadha sold 600,000 shares of Supreme stock in a transaction on Friday, October 11th. The stock was sold at an average price of GBX 160 ($2.03), for a total value of £960,000 ($1,215,036.07). Company insiders own 57.86% of the company’s stock.

About Supreme

Supreme Plc supplies and distributes a range of consumer goods in the United Kingdom, Ireland, the Netherlands, France, rest of Europe, and internationally. It operates through Batteries; Lighting; Vaping; Sports Nutrition & Wellness; and Other Consumer Goods segments. The company offers consumer batteries; lighting, energy-saving bulbs, private label lighting, LED light fittings, lamps and light fittings, and point of sale display solutions; sports nutrition and wellness products; and smart home LED technology solutions.