Supremex (TSE:SXP) Stock Crosses Above 200 Day Moving Average – What’s Next?

Supremex Inc. (TSE:SXP – Get Free Report)’s stock price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$3.66 and traded as high as C$3.72. Supremex shares last traded at C$3.70, with a volume of 20,408 shares changing hands.

Supremex Stock Down 1.1%

The company has a debt-to-equity ratio of 137.06, a current ratio of 1.83 and a quick ratio of 1.00. The business has a 50 day moving average price of C$3.67 and a 200 day moving average price of C$3.66. The firm has a market capitalization of C$89.29 million, a P/E ratio of 7.49, a price-to-earnings-growth ratio of 0.31 and a beta of 0.51.

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Supremex (TSE:SXP – Get Free Report) last announced its quarterly earnings data on Friday, July 31st. The company reported C$0.06 EPS for the quarter. The business had revenue of C$71.56 million during the quarter. Supremex had a net margin of 4.27% and a return on equity of 11.20%. On average, analysts predict that Supremex Inc. will post 0.7454874 earnings per share for the current year.

Supremex Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 11th. Stockholders of record on Friday, September 11th will be issued a dividend of $0.05 per share. The ex-dividend date of this dividend is Thursday, August 27th. This represents a $0.20 annualized dividend and a dividend yield of 5.4%. Supremex’s dividend payout ratio (DPR) is presently 40.82%.

About Supremex

(Get Free Report)

Supremex is a growing provider of paper-based packaging solutions and a leading North American manufacturer and marketer of envelopes. Supremex operates nine manufacturing facilities across four provinces in Canada and four manufacturing facilities in three states in the United States employing approximately 1,000 people. Supremex’ extensive network allows it to efficiently manufacture and distribute envelope and packaging solutions designed to the specifications of major national and multinational corporations, direct mailers, resellers, government entities, SMEs and solutions providers.

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