Supremex (TSE:SXP) Shares Pass Above 200-Day Moving Average of $3.95

Supremex Inc. (TSE:SXP)’s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-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.

Supremex Stock Up 0.5 %

The stock has a market cap of C$99.13 million, a P/E ratio of 9.11, a P/E/G ratio of 0.31 and a beta of 1.34. The company has a debt-to-equity ratio of 72.60, a quick ratio of 1.01 and a current ratio of 2.14. The stock’s fifty day simple moving average is C$4.06 and its 200-day simple moving average is C$3.95.

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

Supremex Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 20th. Stockholders of record on Friday, September 20th were given a dividend of $0.04 per share. The ex-dividend date was Thursday, September 5th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 3.99%. Supremex’s dividend payout ratio (DPR) is presently 36.36%.

About Supremex

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.