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

Shares of Supremex Inc. (TSE:SXP) 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 Trading Up 0.6%

The firm has a fifty day moving average of C$3.63 and a 200 day moving average of C$3.67. The firm has a market capitalization of C$88.56 million, a PE ratio of 8.27, a P/E/G ratio of 0.31 and a beta of 0.57. The company has a debt-to-equity ratio of 100.62, a quick ratio of 1.00 and a current ratio of 1.95.

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

Supremex Announces Dividend

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

Supremex Company Profile

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.