Supremex (TSE:SXP) Stock Crosses Above 200 Day Moving Average – Should You Sell?

Supremex Inc. (TSE:SXP)’s share price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$3.95 and traded as high as C$4.06. Supremex shares last traded at C$4.00, with a volume of 16,331 shares trading hands.

Supremex Stock Up 1.3 %

The stock’s fifty day moving average price is C$3.74 and its 200 day moving average price is 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. The stock has a market cap of C$100.56 million, a P/E ratio of -6.00, a price-to-earnings-growth ratio of 0.31 and a beta of 1.32.

Supremex Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 20th. Shareholders of record on Friday, December 20th were paid a dividend of $0.05 per share. This is an increase from Supremex’s previous quarterly dividend of $0.04. The ex-dividend date was Thursday, December 5th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 4.94%. Supremex’s dividend payout ratio (DPR) is currently -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.