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Supremex (TSE:SXP) Trading 11.7% Higher - What's Next?

Supremex logo with Consumer Cyclical background

Supremex Inc. (TSE:SXP - Get Free Report) traded up 11.7% on Thursday . The company traded as high as C$4.01 and last traded at C$4.01. 85,512 shares were traded during trading, an increase of 223% from the average session volume of 26,445 shares. The stock had previously closed at C$3.59.

Supremex Trading Down 1.5 %

The company has a market capitalization of C$100.56 million, a PE ratio of -6.00, a PEG ratio of 0.31 and a beta of 1.32. The company has a fifty day simple moving average of C$3.72 and a 200-day simple moving average of C$3.95. The company has a current ratio of 2.20, a quick ratio of 1.01 and a debt-to-equity ratio of 86.35.

Supremex Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, December 20th. Stockholders of record on Friday, December 20th were given a dividend of $0.05 per share. This is a boost from Supremex's previous quarterly dividend of $0.04. The ex-dividend date of this dividend was Thursday, December 5th. This represents a $0.20 annualized dividend and a dividend yield of 4.94%. Supremex's payout ratio 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.

Further Reading

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