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Supremex (TSE:SXP) Stock Price Crosses Above 200-Day Moving Average - Here's Why

Supremex logo with Consumer Cyclical background

Supremex Inc. (TSE:SXP - Get Free Report)'s share price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$3.85 and traded as high as C$3.94. Supremex shares last traded at C$3.93, with a volume of 3,743 shares trading hands.

Supremex Price 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 has a fifty day simple moving average of C$3.85 and a two-hundred day simple moving average of C$3.85. The firm has a market cap of C$100.56 million, a PE ratio of -6.00, a PEG ratio of 0.31 and a beta of 1.32.

Supremex Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 20th. Investors of record on Friday, June 20th will be issued a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 4.94%. The ex-dividend date is Thursday, June 5th. Supremex's dividend payout ratio (DPR) is presently -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.

Further Reading

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