Supremex (TSE:SXP) Share Price Passes Above 200-Day Moving Average - What's Next?

Key Points

• Supremex shares passed above its 200-day moving average, trading at C$3.70 versus the 200‑day MA of C$3.67, representing about a 2.5% intraday gain.
• The company declared a quarterly dividend of C$0.05 (C$0.20 annualized) with a dividend yield of 5.4% and a dividend payout ratio of 40.82%.
• Key fundamentals: market cap C$90.02M, P/E 7.55 and a debt-to-equity of 185.57; last quarter EPS was C$0.06 on C$72.92M revenue, with analysts forecasting about 0.7455 EPS for the current fiscal year.

Supremex Inc. (TSE:SXP - Get Free Report) shares passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$3.67 and traded as high as C$3.70. Supremex shares last traded at C$3.70, with a volume of 2,007 shares trading hands.

Supremex Stock Up 2.5%

The business's fifty day moving average price is C$3.66 and its two-hundred day moving average price is C$3.67. 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 firm has a market capitalization of C$90.02 million, a P/E ratio of 7.55, a PEG ratio of 0.31 and a beta of 0.46.

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

Supremex Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 2nd. Stockholders of record on Thursday, April 2nd were given a $0.05 dividend. The ex-dividend date of this dividend was Thursday, March 19th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 5.4%. Supremex's dividend payout ratio (DPR) 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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