Supremex (TSE:SXP) Hits New 12-Month Low - Time to Sell?

Key Points

• 52-week low: Supremex hit a new 52-week low, trading as low as C$3.49 and last at C$3.50 on volume of 35,123 shares, trading below its 50- and 200-day moving averages of C$3.72.
• Valuation and leverage: The stock trades at a P/E of 7.14 and P/E/G of 0.31, but carries a high debt-to-equity of 185.57, with quarterly revenue of C$72.92M and ROE of 10.8%.
• Dividend: The company declared a C$0.05 quarterly dividend (annualized C$0.20) implying a 5.7% yield, with a payout ratio around 40.8% and an ex-dividend date of March 19.

Supremex Inc. (TSE:SXP - Get Free Report) shares reached a new 52-week low on Tuesday . The company traded as low as C$3.49 and last traded at C$3.50, with a volume of 35123 shares traded. The stock had previously closed at C$3.57.

Supremex Price Performance

The firm has a market cap of C$85.20 million, a price-to-earnings ratio of 7.14, a P/E/G ratio of 0.31 and a beta of 0.57. The company has a debt-to-equity ratio of 185.57, a quick ratio of 1.01 and a current ratio of 1.68. The business has a 50 day simple moving average of C$3.72 and a 200-day simple moving average of C$3.72.

Supremex (TSE:SXP - Get Free Report) last issued its quarterly earnings data on Thursday, February 19th. The company reported C$0.06 EPS for the quarter. Supremex had a return on equity of 10.80% and a net margin of 4.38%.The firm had revenue of C$72.92 million during the quarter. Equities research analysts expect that Supremex Inc. will post 0.7454874 earnings per share for the current year.

Supremex Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 2nd. Investors of record on Thursday, April 2nd will be given a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 5.7%. The ex-dividend date of this dividend is Thursday, March 19th. Supremex's dividend payout ratio is presently 40.82%.

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.

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