Brompton Split Banc (TSE:SBC) Reaches New 12-Month High – Should You Buy?

Brompton Split Banc Corp. (TSE:SBCGet Free Report) hit a new 52-week high during trading on Monday . The company traded as high as C$16.59 and last traded at C$16.50, with a volume of 12673 shares trading hands. The stock had previously closed at C$16.64.

Brompton Split Banc Stock Performance

The company has a quick ratio of 1.94, a current ratio of 2.43 and a debt-to-equity ratio of 71.59. The stock has a market capitalization of C$538.47 million, a P/E ratio of 3.33 and a beta of 2.18. The company has a 50-day moving average price of C$14.83 and a two-hundred day moving average price of C$13.48.

About Brompton Split Banc

(Get Free Report)

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…

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