Supremex (OTCMKTS:SUMXF) Shares Cross Above 50-Day Moving Average – Here’s Why

Shares of Supremex Inc. (OTCMKTS:SUMXF – Get Free Report) crossed above its 50 day moving average during trading on Thursday. The stock has a 50 day moving average of $2.37 and traded as high as $2.46. Supremex shares last traded at $2.46, with a volume of 1,600 shares.

Supremex Stock Up 7.4%

The company has a 50 day simple moving average of $2.37 and a 200-day simple moving average of $2.57.

Supremex Company Profile

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Supremex Inc. is a Canadian manufacturer and distributor of envelopes, packaging products and related solutions. Its offerings include commercial, custom and specialty envelopes, as well as packaging for businesses across a range of industries. The company has expanded beyond its traditional envelope business into packaging, including corrugated products and folding cartons. Supremex serves customers in Canada and the United States through its manufacturing and distribution operations. Founded in 1977, Supremex is headquartered in Montreal, Quebec.

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