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Supremex (TSE:SXP) Shares Cross Above Two Hundred Day Moving Average - Here's What Happened

Supremex logo with Consumer Cyclical background

Supremex Inc. (TSE:SXP - Get Free Report) shares passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$3.89 and traded as high as C$4.08. Supremex shares last traded at C$4.05, with a volume of 14,546 shares changing hands.

Supremex Stock Performance

The company has a market capitalization of C$94.60 million, a price-to-earnings ratio of -5.64, a price-to-earnings-growth ratio of 0.31 and a beta of 1.32. The company has a current ratio of 2.20, a quick ratio of 1.01 and a debt-to-equity ratio of 86.35. The stock has a 50-day simple moving average of C$3.88 and a 200-day simple moving average of C$3.88.

Supremex Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 4th. Shareholders of record on Friday, April 4th were issued a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 5.25%. The ex-dividend date was Thursday, March 20th. Supremex's dividend payout ratio is currently -23.70%.

Supremex Company Profile

(Get Free Report)

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.

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