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Supremex (TSE:SXP) Stock Price Passes Above 200-Day Moving Average - What's Next?

Supremex logo with Consumer Cyclical background
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Shares of Supremex Inc. (TSE:SXP - Get Free Report) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$3.94 and traded as high as C$3.99. Supremex shares last traded at C$3.93, with a volume of 637 shares changing hands.

Supremex Stock Down 0.5 %

The stock has a market capitalization of C$100.06 million, a price-to-earnings ratio of -5.97, a PEG ratio of 0.31 and a beta of 1.32. The company has a debt-to-equity ratio of 86.35, a current ratio of 2.20 and a quick ratio of 1.01. The business has a fifty day moving average of C$3.79 and a 200 day moving average of C$3.94.

Supremex Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 4th. Stockholders of record on Friday, April 4th will be paid a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 4.96%. The ex-dividend date is Thursday, March 20th. Supremex's dividend payout ratio (DPR) is presently -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.

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