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

Supremex Inc. (TSE:SXP) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$3.68 and traded as high as C$3.70. Supremex shares last traded at C$3.63, with a volume of 11,141 shares traded.

Supremex Trading Down 1.4%

The company has a market capitalization of C$88.32 million, a PE ratio of 8.25, a PEG ratio of 0.31 and a beta of 0.52. The company has a fifty day simple moving average of C$3.65 and a 200-day simple moving average of C$3.68. The company has a current ratio of 1.95, a quick ratio of 1.00 and a debt-to-equity ratio of 100.62.

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

Supremex Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Thursday, June 18th were paid a $0.05 dividend. The ex-dividend date of this dividend was Thursday, June 4th. This represents a $0.20 annualized dividend and a dividend yield of 5.5%. Supremex’s dividend payout ratio is 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.