Supremex (TSE:SXP) Shares Pass Above 200-Day Moving Average - Here's What Happened

Key Points

• Technical move: Supremex's shares traded as high as C$3.70, briefly passing above its 200‑day moving average of C$3.67, with the last trade at C$3.64 on volume of 11,513.
• Valuation & financials: Market capitalization about C$88.6M, P/E 7.43 and PEG 0.31, alongside a high debt‑to‑equity of 185.57 with a current ratio of 1.68 and quick ratio of 1.01.
• Dividends and earnings: The company paid a quarterly dividend of C$0.05 (annualized C$0.20, yield 5.5%, DPR 40.82%), reported Q EPS of C$0.06 on C$72.92M revenue, and analysts forecast roughly C$0.75 EPS for the year.

Supremex Inc. (TSE:SXP - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Wednesday . 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$3.64, with a volume of 11,513 shares trading hands.

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Supremex Stock Performance

The stock has a market capitalization of C$88.56 million, a PE ratio of 7.43, a price-to-earnings-growth ratio of 0.31 and a beta of 0.53. The stock has a fifty day moving average of C$3.66 and a 200-day moving average of C$3.67. The company has a quick ratio of 1.01, a current ratio of 1.68 and a debt-to-equity ratio of 185.57.

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

Supremex Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, April 2nd. Investors of record on Thursday, April 2nd were issued a $0.05 dividend. The ex-dividend date was Thursday, March 19th. This represents a $0.20 dividend on an annualized basis and a yield of 5.5%. Supremex's dividend payout ratio (DPR) is 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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