Brompton Split Banc (TSE:SBC) Sets New 1-Year High – What’s Next?

Brompton Split Banc Corp. (TSE:SBCGet Free Report)’s stock price reached a new 52-week high on Wednesday . The company traded as high as C$13.87 and last traded at C$13.51, with a volume of 58767 shares trading hands. The stock had previously closed at C$13.59.

Brompton Split Banc Trading Down 1.3%

The firm has a market cap of C$362.49 million, a price-to-earnings ratio of 3.06 and a beta of 1.70. The company has a quick ratio of 1.94, a current ratio of 1.77 and a debt-to-equity ratio of 126.70. The company has a 50-day moving average price of C$12.93 and a 200 day moving average price of C$12.40.

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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