Supremex (TSE:SXP) Reaches New 1-Year Low – Time to Sell?

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

Supremex Price Performance

The company has a debt-to-equity ratio of 137.06, a quick ratio of 1.00 and a current ratio of 1.83. The firm’s fifty day moving average is C$3.63 and its two-hundred day moving average is C$3.64. The company has a market cap of C$85.22 million, a P/E ratio of 7.08, a P/E/G ratio of 0.31 and a beta of 0.25.

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

Supremex Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, September 11th. Investors of record on Friday, September 11th were given a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 5.8%. The ex-dividend date was Thursday, August 27th. Supremex’s payout ratio is currently 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.