Supremex (TSE:SXP) Stock Price Crosses Below 200 Day Moving Average – Here’s What Happened

Shares of Supremex Inc. (TSE:SXP) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$3.88 and traded as low as C$3.64. Supremex shares last traded at C$3.73, with a volume of 11,945 shares trading hands.

Supremex Stock Up 2.8%

The firm has a market capitalization of C$91.30 million, a P/E ratio of 5.57, a P/E/G ratio of 0.31 and a beta of 1.15. The company has a fifty day simple moving average of C$3.62 and a 200 day simple moving average of C$3.88. The company has a quick ratio of 1.01, a current ratio of 2.20 and a debt-to-equity ratio of 86.35.

Supremex (TSE:SXP) last posted its quarterly earnings results on Thursday, November 6th. The company reported C$0.19 earnings per share (EPS) for the quarter. The firm had revenue of C$65.68 million during the quarter. Supremex had a negative return on equity of 13.05% and a negative net margin of 5.92%. On average, equities analysts expect that Supremex Inc. will post 0.7454874 EPS for the current fiscal year.

Supremex Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, December 19th. Stockholders of record on Friday, December 19th were paid a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 5.4%. The ex-dividend date was Thursday, December 4th. Supremex’s dividend payout ratio is currently 29.85%.

About Supremex

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.