Brompton Split Banc (TSE:SBC) Trading 1.7% Higher – Time to Buy?

Brompton Split Banc Corp. (TSE:SBC) shares rose 1.7% during trading on Monday . The stock traded as high as C$9.40 and last traded at C$9.38. Approximately 37,210 shares traded hands during trading, an increase of 44% from the average daily volume of 25,828 shares. The stock had previously closed at C$9.22.

Brompton Split Banc Price Performance

The stock has a 50-day moving average price of C$9.73 and a two-hundred day moving average price of C$9.95. The company has a current ratio of 1.77, a quick ratio of 1.94 and a debt-to-equity ratio of 126.70. The stock has a market cap of C$210.51 million, a price-to-earnings ratio of 7.89 and a beta of 1.51.

Insider Buying and Selling at Brompton Split Banc

In other Brompton Split Banc news, Director Brompton Corp. sold 2,400 shares of the business’s stock in a transaction that occurred on Thursday, January 30th. The shares were sold at an average price of C$11.03, for a total transaction of C$26,472.00. Over the last ninety days, insiders sold 17,900 shares of company stock worth $198,593.

Brompton Split Banc Company Profile

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…