Supremex (TSE:SXP) Stock Passes Above Two Hundred Day Moving Average – Here’s What Happened

Supremex Inc. (TSE:SXP) shares passed above its 200-day moving average during trading on Monday . The stock has a 200-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 trading hands.

Supremex Stock Performance

The company has a market cap of C$97.58 million, a price-to-earnings ratio of -5.82, a P/E/G ratio of 0.31 and a beta of 1.32. 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 stock’s 50 day moving average price is C$3.77 and its 200 day moving average price is C$3.94.

Supremex Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, April 4th. Investors of record on Friday, April 4th will be given a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 5.09%. The ex-dividend date is Thursday, March 20th. Supremex’s dividend payout ratio (DPR) is -23.70%.

Supremex Company Profile

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.