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Supremex (TSE:SXP) Share Price Crosses Above Two Hundred Day Moving Average - What's Next?

Supremex logo with Consumer Cyclical background

Supremex Inc. (TSE:SXP - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$3.84 and traded as high as C$3.85. Supremex shares last traded at C$3.80, with a volume of 32,779 shares trading hands.

Supremex Trading Down 0.5%

The firm has a fifty day moving average of C$3.90 and a 200 day moving average of C$3.83. The firm has a market capitalization of C$94.10 million, a PE ratio of -5.61, a P/E/G ratio of 0.31 and a beta of 1.32. The company has a debt-to-equity ratio of 86.35, a quick ratio of 1.01 and a current ratio of 2.20.

Supremex Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 20th. Stockholders of record on Friday, June 20th were given a $0.05 dividend. The ex-dividend date was Thursday, June 5th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 5.28%. Supremex's 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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