Supremex (TSE:SXP) Shares Cross Below 200 Day Moving Average – Here’s Why

Supremex Inc. (TSE:SXP – Get Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$3.67 and traded as low as C$3.64. Supremex shares last traded at C$3.64, with a volume of 2,600 shares trading hands.

Supremex Price Performance

The firm has a market cap of C$88.81 million, a P/E ratio of 8.30, a price-to-earnings-growth ratio of 0.31 and a beta of 0.57. The company has a debt-to-equity ratio of 100.62, a current ratio of 1.95 and a quick ratio of 1.00. The firm’s 50 day moving average is C$3.63 and its 200 day moving average is C$3.67.

Get Supremex alerts:

Supremex (TSE:SXP – Get Free Report) last announced its earnings results on Thursday, May 7th. The company reported C$0.08 earnings per share for the quarter. Supremex had a net margin of 3.90% and a return on equity of 9.93%. The business had revenue of C$74.84 million during the quarter. As a group, analysts anticipate that Supremex Inc. will post 0.7454874 earnings per share for the current year.

Supremex Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Thursday, June 18th were given a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 5.5%. The ex-dividend date of this dividend was Thursday, June 4th. Supremex’s dividend payout ratio (DPR) is 45.45%.

About Supremex

(Get Free Report)

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.

See Also

• Five stocks we like better than Supremex
• 3 Stocks That Could Benefit as the Robotaxi Race Heats Up
• 3 Waste Stocks Turning AI Investments into Growth
• 3 Overlooked Tech ETFs That Are Quietly Killing It This Year
• 3 ETFs Pairing Market-Beating Returns With High Dividend Yields

Receive News & Ratings for Supremex Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Supremex and related companies with MarketBeat.com's FREE daily email newsletter.