Supremex (TSE:SXP) Stock Price Down 0.5% - Should You Sell?

Supremex Inc. (TSE:SXP - Get Free Report) shares were down 0.5% during trading on Wednesday . The stock traded as low as C$3.89 and last traded at C$3.91. Approximately 34,640 shares were traded during trading, an increase of 44% from the average daily volume of 24,019 shares. The stock had previously closed at C$3.93.

Supremex Price Performance

The firm has a market capitalization of C$98.63 million, a price-to-earnings ratio of 9.07, a P/E/G ratio of 0.31 and a beta of 1.32. The company has a fifty day moving average price of C$4.08 and a two-hundred day moving average price of C$3.99. The company has a quick ratio of 1.01, a current ratio of 2.14 and a debt-to-equity ratio of 72.60.

Supremex Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 20th. Investors of record on Friday, December 20th will be given a $0.05 dividend. This is an increase from Supremex's previous quarterly dividend of $0.04. The ex-dividend date is Thursday, December 5th. This represents a $0.20 annualized dividend and a yield of 5.01%. Supremex's dividend payout ratio is 36.36%.

About Supremex

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.