Brompton Split Banc (TSE:SBC) Shares Down 1.3% – What’s Next?

Brompton Split Banc Corp. (TSE:SBC)’s stock price fell 1.3% during trading on Monday . The stock traded as low as C$9.50 and last traded at C$9.63. 31,052 shares changed hands during mid-day trading, an increase of 35% from the average session volume of 22,983 shares. The stock had previously closed at C$9.76.

Brompton Split Banc Stock Performance

The firm has a market cap of C$216.12 million, a P/E ratio of 8.10 and a beta of 1.51. The company has a debt-to-equity ratio of 126.70, a quick ratio of 1.94 and a current ratio of 1.77. The company’s 50 day moving average is C$9.93 and its 200 day moving average is C$9.91.

Insider Activity at Brompton Split Banc

In related news, Director Brompton Corp. sold 2,400 shares of the stock in a transaction that occurred on Thursday, January 30th. The shares were sold at an average price of C$11.03, for a total value of C$26,472.00. Insiders sold a total of 17,900 shares of company stock valued at $198,593 in the last quarter.

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…