Supremex (TSE:SXP) Share Price Passes Above 200-Day Moving Average of $2.85

Supremex Inc (TSE:SXP)’s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $2.85 and traded as high as $2.60. Supremex shares last traded at $2.60, with a volume of 10,101 shares traded.

The stock has a market capitalization of $72.93 million and a P/E ratio of -9.59. The business has a fifty day simple moving average of C$2.59 and a 200-day simple moving average of C$2.85. The company has a debt-to-equity ratio of 111.40, a quick ratio of 0.84 and a current ratio of 1.85.

Supremex (TSE:SXP) last posted its quarterly earnings results on Friday, August 2nd. The company reported C$0.07 earnings per share (EPS) for the quarter. The business had revenue of C$47.60 million for the quarter. On average, sell-side analysts anticipate that Supremex Inc will post 0.44 earnings per share for the current year.

About Supremex (TSE:SXP)

Supremex Inc manufactures, markets, and sells envelopes, and paper packaging solutions and specialty products in North America. It manufactures a range of stock and custom envelopes in various styles, shapes, and colors; and packaging and specialty products, including corrugated boxes and folding carton packaging products.

Further Reading: Moving Average (MA)

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