Brompton Split Banc (TSE:SBC) Hits New 1-Year High – Here’s Why

Brompton Split Banc Corp. (TSE:SBC) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as C$15.07 and last traded at C$14.90, with a volume of 21872 shares traded. The stock had previously closed at C$14.98.

Brompton Split Banc Trading Down 1.0%

The company has a market cap of C$400.87 million, a P/E ratio of 3.38 and a beta of 1.75. The business’s 50-day moving average price is C$13.54 and its 200 day moving average price is C$12.79. The company has a debt-to-equity ratio of 126.70, a quick ratio of 1.94 and a current ratio of 1.77.

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…