The Article 6 Marital Trust created under the First Amended and Restated Jerry Zucker Revocable Trust dated 4-2-07 Buys 39,000 Shares of Supremex Inc. (TSE:SXP) Stock

Supremex Inc. (TSE:SXP – Get Rating) insider The Article 6 Marital Trust created under the First Amended and Restated Jerry Zucker Revocable Trust dated 4-2-07 purchased 39,000 shares of the firm’s stock in a transaction that occurred on Friday, June 17th. The stock was bought at an average cost of C$3.40 per share, for a total transaction of C$132,600.00. Following the completion of the purchase, the insider now directly owns 6,133,585 shares in the company, valued at approximately C$20,854,189.

SXP opened at C$3.49 on Thursday. The company has a debt-to-equity ratio of 65.17, a current ratio of 1.98 and a quick ratio of 1.06. The company’s 50 day simple moving average is C$3.48 and its two-hundred day simple moving average is C$3.30. Supremex Inc. has a 1-year low of C$2.00 and a 1-year high of C$4.06. The firm has a market capitalization of C$91.45 million and a price-to-earnings ratio of 5.22.

Supremex (TSE:SXP – Get Rating) last released its earnings results on Thursday, May 12th. The company reported C$0.24 earnings per share for the quarter. The business had revenue of C$63.27 million during the quarter. On average, equities analysts anticipate that Supremex Inc. will post 0.61 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Monday, June 27th. Stockholders of record on Thursday, June 9th will be given a dividend of $0.025 per share. This represents a $0.10 annualized dividend and a dividend yield of 2.87%. The ex-dividend date of this dividend is Wednesday, June 8th. Supremex’s payout ratio is presently 7.47%.

Supremex Company Profile (Get Rating)

Supremex Inc manufactures and markets envelopes, and paper packaging solutions and specialty products to corporations, resellers, government entities, SMEs, and solutions providers in Canada, and the Northeastern and Midwestern United States. The company offers a range of stock and custom envelopes in various styles, shapes, and colors; corrugated boxes, and folding carton and e-Commerce fulfillment packaging solutions; polyethylene bags for courier applications and bubble mailers.

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