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

Supremex logo with Consumer Cyclical background
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Supremex Inc. (TSE:SXP - Get Free Report)'s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$3.93 and traded as high as C$3.99. Supremex shares last traded at C$3.94, with a volume of 5,480 shares trading hands.

Supremex Price Performance

The stock has a fifty day moving average of C$3.82 and a two-hundred day moving average of C$3.92. The stock has a market cap of C$101.30 million, a price-to-earnings ratio of -6.04, a price-to-earnings-growth ratio of 0.31 and a beta of 1.32. The company has a quick ratio of 1.01, a current ratio of 2.20 and a debt-to-equity ratio of 86.35.

Supremex Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, April 4th. Stockholders of record on Friday, April 4th will be issued a $0.05 dividend. The ex-dividend date is Thursday, March 20th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 4.90%. 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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