Brompton Energy Split (TSE:ESP) Shares Pass Below Two Hundred Day Moving Average – Time to Sell?

Brompton Energy Split Corp. (TSE:ESP)’s share price crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$5.25 and traded as low as C$4.56. Brompton Energy Split shares last traded at C$4.61, with a volume of 650 shares traded.

Brompton Energy Split Stock Performance

The stock has a market cap of C$163.49 million and a price-to-earnings ratio of -66.81. The company has a debt-to-equity ratio of 12.36, a quick ratio of 6.67 and a current ratio of 6.82. The stock’s 50-day simple moving average is C$4.66 and its two-hundred day simple moving average is C$5.25.

About Brompton Energy Split

To provide holders of Preferred shares with fixed cumulative preferrential quarterly cash distributions and to return the original issue price on the maturity date. To provide holders of Class A shares with regular monthly cash distributions3 and the opportunity for capital appreciation. To achieve these objectives, the Fund invests in a portfolio of equity securities of at least 15 large¿capitalization North American oil and gas issuers selected by the Manager from the S&P 500 Index and the S&P/TSX Composite Index.