Brompton Split Banc (TSE:SBC) Stock Price Up 0.8% – Time to Buy?

Shares of Brompton Split Banc Corp. (TSE:SBCGet Free Report) rose 0.8% during trading on Wednesday . The company traded as high as C$12.27 and last traded at C$11.95. Approximately 97,313 shares traded hands during trading, an increase of 159% from the average daily volume of 37,642 shares. The stock had previously closed at C$11.85.

Brompton Split Banc Stock Performance

The company’s fifty day moving average is C$12.77 and its 200 day moving average is C$11.45. The company has a market capitalization of C$323.02 million, a P/E ratio of 2.73 and a beta of 1.79. The company has a current ratio of 1.77, a quick ratio of 1.94 and a debt-to-equity ratio of 126.70.

About Brompton Split Banc

(Get Free Report)

The investment objectives for the Preferred Shares are to provide their holders with fixed cumulative preferential quarterly cash distributions and to return the original issue price to holders of Preferred Shares on the Maturity Date. The investment objectives for the Class A Shares are to provide their holders with regular monthly cash distributions targeted to be at least $0.10 per Class A Share representing a yield on the issue price of the Class A Shares offered hereunder of 13.2% per annum and to provide holders of Class A Shares with the opportunity for growth in NAV per Class A Share…

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