Brompton Split Banc (TSE:SBC) Stock Price Up 0.8% – What’s Next?

Brompton Split Banc Corp. (TSE:SBC) shares shot up 0.8% during trading on Wednesday . The company traded as high as C$12.27 and last traded at C$11.95. 97,313 shares changed hands during trading, an increase of 159% from the average session volume of 37,642 shares. The stock had previously closed at C$11.85.

Brompton Split Banc Stock Performance

The company has a debt-to-equity ratio of 126.70, a current ratio of 1.77 and a quick ratio of 1.94. The stock has a market capitalization of C$321.67 million, a PE ratio of 2.71 and a beta of 1.79. The firm has a fifty day moving average price of C$12.75 and a two-hundred day moving average price of C$11.47.

Brompton Split Banc Company Profile

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…