Brompton Energy Split (TSE:ESP) Share Price Crosses Below 200-Day Moving Average – Should You Sell?

Brompton Energy Split Corp. (TSE:ESP)’s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$5.23 and traded as low as C$4.88. Brompton Energy Split shares last traded at C$4.90, with a volume of 1,504 shares.

Brompton Energy Split Trading Up 1.0 %

The business has a fifty day moving average of C$5.28 and a 200-day moving average of C$5.23. The stock has a market capitalization of C$173.78 million and a price-to-earnings ratio of -71.01. The company has a debt-to-equity ratio of 12.36, a current ratio of 6.82 and a quick ratio of 6.67.

Brompton Energy Split Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, February 14th. Investors of record on Friday, February 14th were issued a dividend of $0.10 per share. This represents a $1.20 dividend on an annualized basis and a yield of 24.49%. The ex-dividend date of this dividend was Friday, January 31st. Brompton Energy Split’s payout ratio is currently -1,449.28%.

Brompton Energy Split Company Profile

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.