Supremex (TSE:SXP) Shares Cross Above Two Hundred Day Moving Average – Here’s What Happened

Shares of Supremex Inc. (TSE:SXP) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$3.98 and traded as high as C$4.03. Supremex shares last traded at C$4.03, with a volume of 10,000 shares trading hands.

Supremex Price Performance

The company has a market capitalization of C$101.10 million, a P/E ratio of 9.30, a price-to-earnings-growth ratio of 0.31 and a beta of 1.32. The company has a debt-to-equity ratio of 72.60, a current ratio of 2.14 and a quick ratio of 1.01. The company has a fifty day moving average price of C$4.11 and a 200 day moving average price of C$3.98.

Supremex (TSE:SXP) last announced its quarterly earnings results on Thursday, August 8th. The company reported C$0.08 EPS for the quarter. Supremex had a net margin of 3.93% and a return on equity of 8.31%. The company had revenue of C$69.34 million for the quarter, compared to analyst estimates of C$65.40 million. On average, sell-side analysts forecast that Supremex Inc. will post 0.7454874 EPS for the current fiscal year.

Supremex Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 20th. Shareholders of record on Friday, September 20th were given a $0.04 dividend. The ex-dividend date of this dividend was Thursday, September 5th. This represents a $0.16 dividend on an annualized basis and a yield of 3.91%. Supremex’s dividend payout ratio (DPR) 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.