Brompton Energy Split (TSE:ESP) Stock Crosses Above Fifty Day Moving Average – Here’s Why

Brompton Energy Split Corp. (TSE:ESP) passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$4.36 and traded as high as C$4.52. Brompton Energy Split shares last traded at C$4.52, with a volume of 100 shares changing hands.

Brompton Energy Split Price Performance

The company’s fifty day moving average price is C$4.36 and its 200 day moving average price is C$4.51. 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 firm has a market capitalization of C$4.53 million, a price-to-earnings ratio of 2.55 and a beta of 1.83.

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.