Supremex (TSE:SXP) issued its quarterly earnings data on Friday. The company reported C$0.07 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of C$0.10 by C($0.03), Morningstar.com reports. The company had revenue of C$45.20 million for the quarter.
TSE:SXP traded down C$0.35 during mid-day trading on Friday, hitting C$2.77. The stock had a trading volume of 127,300 shares, compared to its average volume of 36,270. Supremex has a 52 week low of C$2.73 and a 52 week high of C$4.83. The company has a current ratio of 2.43, a quick ratio of 1.23 and a debt-to-equity ratio of 60.31.
Separately, Industrial Alliance Securities cut their price objective on shares of Supremex from C$5.25 to C$4.50 in a research report on Tuesday, October 9th.
Supremex Company Profile
Supremex Inc manufactures and sells envelopes, and packaging and specialty products in North America. It offers translucent, custom, stock, digital window, EnviroSafe, and self-seal envelopes. The company also provides packaging products, such as auto boxes, Tear Resistant Xtreme-Lite mailers, board mailers, poly mailers, and Enviro-logiX bubble and flat mailers, as well as Conformer corrugate mailers, presentation folders, heavy duty mailers, and paperboard mailers.
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