Supremex (TSE:SXP) Hits New 52-Week Low – Time to Sell?

Supremex Inc. (TSE:SXP)’s share price reached a new 52-week low during trading on Monday. The company traded as low as C$3.43 and last traded at C$3.43, with a volume of 13095 shares trading hands. The stock had previously closed at C$3.57.

Supremex Price Performance

The firm has a market cap of C$84.24 million, a PE ratio of 7.00, a price-to-earnings-growth ratio of 0.31 and a beta of 0.25. The company has a quick ratio of 1.00, a current ratio of 1.83 and a debt-to-equity ratio of 137.06. The stock has a 50 day moving average price of C$3.64 and a two-hundred day moving average price of C$3.65.

Supremex (TSE:SXP) last announced its quarterly earnings data on Friday, July 31st. The company reported C$0.06 EPS for the quarter. The firm had revenue of C$71.56 million during the quarter. Supremex had a net margin of 4.27% and a return on equity of 11.20%. As a group, equities analysts expect that Supremex Inc. will post 0.7454874 earnings per share for the current year.

Supremex Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 11th. Shareholders of record on Friday, September 11th were issued a $0.05 dividend. The ex-dividend date of this dividend was Thursday, August 27th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 5.8%. Supremex’s dividend payout ratio (DPR) is currently 40.82%.

About Supremex

Supremex is a growing provider of paper-based packaging solutions and a leading North American manufacturer and marketer of envelopes. Supremex operates nine manufacturing facilities across four provinces in Canada and four manufacturing facilities in three states in the United States employing approximately 1,000 people. Supremex’ extensive network allows it to efficiently manufacture and distribute envelope and packaging solutions designed to the specifications of major national and multinational corporations, direct mailers, resellers, government entities, SMEs and solutions providers.