Supremex (TSE:SXP) Reaches New 1-Year Low – What’s Next?

Supremex Inc. (TSE:SXP) shares reached a new 52-week low on Tuesday. The stock traded as low as C$3.05 and last traded at C$3.18, with a volume of 40361 shares traded. The stock had previously closed at C$3.51.

Supremex Stock Down 9.1%

The firm has a market cap of C$78.35 million, a P/E ratio of 6.51, a price-to-earnings-growth ratio of 0.31 and a beta of 0.19. The company has a current ratio of 1.83, a quick ratio of 1.00 and a debt-to-equity ratio of 137.06. The stock’s fifty day moving average is C$3.62 and its two-hundred day moving average is C$3.64.

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

Supremex Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 11th. Stockholders of record on Friday, September 11th were paid 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 6.3%. Supremex’s dividend payout ratio is 40.82%.

Supremex Company Profile

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.