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Supremex (TSE:SXP) Stock Price Crosses Above Two Hundred Day Moving Average - Should You Sell?

Supremex logo with Consumer Cyclical background

Supremex Inc. (TSE:SXP - Get Free Report)'s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$3.87 and traded as high as C$4.00. Supremex shares last traded at C$3.91, with a volume of 4,500 shares traded.

Supremex Stock Down 1.0%

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 business's 50-day simple moving average is C$3.86 and its 200-day simple moving average is C$3.87. The company has a market capitalization of C$95.84 million, a PE ratio of -5.72, a price-to-earnings-growth ratio of 0.31 and a beta of 1.32.

Supremex Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, April 4th. Investors of record on Friday, April 4th were given a dividend of $0.05 per share. The ex-dividend date of this dividend was Thursday, March 20th. This represents a $0.20 dividend on an annualized basis and a yield of 5.18%. Supremex's dividend payout ratio 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.

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