Supremex (TSE:SXP) Stock Price Crosses Below Two Hundred Day Moving Average – What’s Next?

Shares of Supremex Inc. (TSE:SXP) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$3.67 and traded as low as C$3.62. Supremex shares last traded at C$3.65, with a volume of 10,495 shares changing hands.

Supremex Stock Up 0.3%

The company has a debt-to-equity ratio of 100.62, a current ratio of 1.95 and a quick ratio of 1.01. The stock has a fifty day moving average price of C$3.65 and a two-hundred day moving average price of C$3.67. The company has a market cap of C$88.81 million, a P/E ratio of 8.30, a price-to-earnings-growth ratio of 0.31 and a beta of 0.53.

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

Supremex Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Thursday, June 18th will be given a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 5.5%. The ex-dividend date of this dividend is Thursday, June 4th. Supremex’s dividend payout ratio (DPR) is presently 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.