Supreme (LON:SUP) Given House Stock Rating at Shore Capital

Shore Capital reaffirmed their house stock rating on shares of Supreme (LON:SUP) in a research report released on Tuesday morning, Marketbeat reports.

Supreme Stock Performance

SUP stock opened at GBX 170 ($2.15) on Tuesday. The stock has a 50-day moving average price of GBX 138.09 and a 200-day moving average price of GBX 125.06. Supreme has a 1-year low of GBX 87 ($1.10) and a 1-year high of GBX 190 ($2.40). The company has a current ratio of 1.62, a quick ratio of 0.98 and a debt-to-equity ratio of 51.69. The firm has a market cap of £198.08 million, a PE ratio of 1,126.67 and a beta of 1.23.

Supreme Increases Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, September 24th. Stockholders of record on Thursday, August 22nd will be paid a GBX 3.20 ($0.04) dividend. The ex-dividend date is Thursday, August 22nd. This is an increase from Supreme’s previous dividend of $1.50. This represents a dividend yield of 1.79%. Supreme’s dividend payout ratio is 2,666.67%.

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.