Supremex (TSE:SXP) Stock Passes Below 200 Day Moving Average – Time to Sell?

Supremex Inc. (TSE:SXP) shares passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$3.89 and traded as low as C$3.53. Supremex shares last traded at C$3.55, with a volume of 12,332 shares.

Supremex Stock Down 0.3%

The firm has a fifty day moving average price of C$3.61 and a 200 day moving average price of C$3.89. The company has a market cap of C$86.89 million, a P/E ratio of 5.30, a PEG ratio of 0.31 and a beta of 0.94. 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 released its earnings results on Thursday, November 6th. The company reported C$0.19 earnings per share (EPS) for the quarter. The company had revenue of C$65.68 million for the quarter. Supremex had a negative net margin of 5.92% and a negative return on equity of 13.05%. Equities research analysts forecast that Supremex Inc. will post 0.7454874 earnings per share for the current year.

Supremex Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 19th. Investors of record on Friday, December 19th were paid a dividend of $0.05 per share. The ex-dividend date of this dividend was Thursday, December 4th. This represents a $0.20 annualized dividend and a yield of 5.6%. Supremex’s dividend payout ratio (DPR) is presently 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.