Supremex (TSE:SXP) Stock Price Crosses Below 200-Day Moving Average – Here’s What Happened

Supremex Inc. (TSE:SXP)’s stock price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$3.97 and traded as low as C$3.56. Supremex shares last traded at C$3.56, with a volume of 21,985 shares.

Supremex Stock Down 0.3 %

The stock has a market cap of C$88.00 million, a price-to-earnings ratio of 8.09, a PEG ratio of 0.31 and a beta of 1.32. The stock has a 50 day simple moving average of C$3.77 and a 200 day simple moving average of C$3.97. 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 was paid on Friday, December 20th. Investors of record on Friday, December 20th were given a $0.05 dividend. The ex-dividend date of this dividend was Thursday, December 5th. This represents a $0.20 annualized dividend and a yield of 5.62%. This is an increase from Supremex’s previous quarterly dividend of $0.04. Supremex’s dividend payout ratio (DPR) is presently 36.36%.

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.