Brompton Split Banc (TSE:SBC) Sets New 52-Week High – What’s Next?

Shares of Brompton Split Banc Corp. (TSE:SBC) reached a new 52-week high during trading on Friday . The stock traded as high as C$15.22 and last traded at C$15.10, with a volume of 39584 shares changing hands. The stock had previously closed at C$14.89.

Brompton Split Banc Stock Up 2.1%

The company has a market capitalization of C$493.06 million, a P/E ratio of 3.05 and a beta of 2.24. The company has a debt-to-equity ratio of 71.59, a quick ratio of 1.94 and a current ratio of 2.43. The firm’s fifty day moving average is C$13.33 and its 200-day moving average is C$12.98.

About Brompton Split Banc

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…