Supremex (TSE:SXP) Stock Price Up 11.8%

Supremex Inc. (TSE:SXPGet Rating)’s share price rose 11.8% on Friday . The stock traded as high as C$6.23 and last traded at C$5.88. Approximately 108,524 shares changed hands during mid-day trading, an increase of 108% from the average daily volume of 52,054 shares. The stock had previously closed at C$5.26.

Supremex Price Performance

The firm’s 50-day moving average is C$4.60 and its 200-day moving average is C$3.96. The company has a market capitalization of C$154.38 million and a PE ratio of 7.14. The company has a quick ratio of 1.11, a current ratio of 2.22 and a debt-to-equity ratio of 52.42.

Supremex (TSE:SXPGet Rating) last posted its quarterly earnings results on Thursday, August 11th. The company reported C$0.28 earnings per share (EPS) for the quarter. The business had revenue of C$62.52 million for the quarter. Equities analysts predict that Supremex Inc. will post 0.86 earnings per share for the current fiscal year.

Supremex Company Profile

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Supremex Inc manufactures and markets envelopes, and paper packaging solutions and specialty products to corporations, resellers, government entities, SMEs, and solutions providers in Canada, and the Northeastern and Midwestern United States. The company offers a range of stock and custom envelopes in various styles, shapes, and colors; corrugated boxes, and folding carton and e-Commerce fulfillment packaging solutions; polyethylene bags for courier applications and bubble mailers.

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