Supremex (TSE:SXP) Shares Cross Above Two Hundred Day Moving Average – Should You Sell?

Supremex Inc. (TSE:SXP)’s stock 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$3.79. Supremex shares last traded at C$3.68, with a volume of 39,122 shares.

Supremex Trading Down 0.3%

The firm’s 50 day simple moving average is C$3.64 and its two-hundred day simple moving average is C$3.67. The stock has a market capitalization of C$91.24 million, a P/E ratio of 8.52, a P/E/G ratio of 0.31 and a beta of 0.57. The company has a quick ratio of 1.00, a current ratio of 1.95 and a debt-to-equity ratio of 100.62.

Supremex (TSE:SXP) last released its quarterly earnings data on Thursday, May 7th. The company reported C$0.08 earnings per share (EPS) for the quarter. The company had revenue of C$74.84 million for the quarter. Supremex had a net margin of 3.90% and a return on equity of 9.93%. As a group, analysts forecast that Supremex Inc. will post 0.7454874 earnings per share for the current fiscal year.

Supremex Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Thursday, June 18th were paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 5.3%. The ex-dividend date of this dividend was Thursday, June 4th. Supremex’s dividend payout ratio (DPR) is 45.45%.

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.