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Supremex (TSE:SXP) Stock Passes Above 200-Day Moving Average - Should You Sell?

Supremex logo with Consumer Cyclical background

Supremex Inc. (TSE:SXP - Get Free Report) 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 traded.

Supremex Stock Performance

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 firm's fifty day moving average price is C$3.90 and its two-hundred day moving average price is C$3.84. The stock has a market capitalization of C$94.35 million, a PE ratio of -5.63, a price-to-earnings-growth ratio of 0.31 and a beta of 1.32.

Supremex Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 20th. Shareholders of record on Friday, June 20th were issued a $0.05 dividend. The ex-dividend date was Thursday, June 5th. This represents a $0.20 dividend on an annualized basis and a yield of 5.26%. Supremex's payout ratio is -23.70%.

About Supremex

(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.

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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