Supremex (TSE:SXP) released its earnings results on Friday. The company reported C$0.07 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of C$0.10 by C($0.03), Morningstar.com reports. The business had revenue of C$45.20 million for the quarter.
Shares of TSE:SXP traded down C$0.35 during midday trading on Friday, hitting C$2.77. 127,300 shares of the company’s stock traded hands, compared to its average volume of 36,270. The company has a debt-to-equity ratio of 60.31, a quick ratio of 1.23 and a current ratio of 2.43. Supremex has a twelve month low of C$2.73 and a twelve month high of C$4.83.
Separately, Industrial Alliance Securities lowered their target price on shares of Supremex from C$5.25 to C$4.50 in a research note on Tuesday, October 9th.
Supremex Company Profile
Supremex Inc manufactures and sells envelopes, and packaging and specialty products in North America. It offers translucent, custom, stock, digital window, EnviroSafe, and self-seal envelopes. The company also provides packaging products, such as auto boxes, Tear Resistant Xtreme-Lite mailers, board mailers, poly mailers, and Enviro-logiX bubble and flat mailers, as well as Conformer corrugate mailers, presentation folders, heavy duty mailers, and paperboard mailers.
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