Supremex (TSE:SXP) Shares Pass Above 200-Day Moving Average – Here’s What Happened

Supremex Inc. (TSE:SXP)’s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$3.67 and traded as high as C$3.70. Supremex shares last traded at C$3.64, with a volume of 11,513 shares trading hands.

Supremex Stock Performance

The company has a debt-to-equity ratio of 185.57, a current ratio of 1.68 and a quick ratio of 1.01. The company has a market capitalization of C$88.56 million, a price-to-earnings ratio of 7.43, a PEG ratio of 0.31 and a beta of 0.53. The stock has a 50 day simple moving average of C$3.66 and a two-hundred day simple moving average of C$3.67.

Supremex (TSE:SXP) last posted its quarterly earnings results on Thursday, February 19th. The company reported C$0.06 earnings per share for the quarter. Supremex had a return on equity of 10.80% and a net margin of 4.38%.The company had revenue of C$72.92 million for the quarter. As a group, analysts anticipate that Supremex Inc. will post 0.7454874 earnings per share for the current year.

Supremex Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 2nd. Shareholders of record on Thursday, April 2nd were paid a $0.05 dividend. The ex-dividend date was Thursday, March 19th. This represents a $0.20 dividend on an annualized basis and a yield of 5.5%. Supremex’s dividend payout ratio (DPR) is currently 40.82%.

Supremex Company Profile

Supremex Inc is engaged in manufacturer and marketer of a broad range of custom envelopes and packaging products. The company operates in two business segments that are Manufacturing and Sale of Envelopes, and the manufacturing and sale of paper-based packaging solutions and specialty products. The majority of the revenue is generated from the Envelope segment. Its product portfolio consists of translucent envelopes, custom envelopes, stock envelopes, poly mailers, enviro-Logix flat mailers, board mailers, custom labels, affixing, repositionable notes and others.