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

Supremex logo with Consumer Cyclical background

Supremex Inc. (TSE:SXP - Get Free Report) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$3.86 and traded as high as C$3.94. Supremex shares last traded at C$3.94, with a volume of 21,850 shares trading hands.

Supremex Stock Performance

The company has a debt-to-equity ratio of 86.35, a quick ratio of 1.01 and a current ratio of 2.20. The firm's 50 day moving average is C$3.85 and its 200-day moving average is C$3.85. The stock has a market capitalization of C$97.33 million, a price-to-earnings ratio of -5.81, a PEG ratio of 0.31 and a beta of 1.32.

Supremex Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, April 4th. Investors of record on Friday, April 4th were paid a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 5.10%. 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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