Brompton Split Banc (TSE:SBC) Sets New 12-Month High – What’s Next?

Brompton Split Banc Corp. (TSE:SBC) shares reached a new 52-week high on Tuesday . The company traded as high as C$14.71 and last traded at C$14.62, with a volume of 78914 shares traded. The stock had previously closed at C$14.30.

Brompton Split Banc Price Performance

The firm has a market capitalization of C$393.84 million, a price-to-earnings ratio of 3.32 and a beta of 1.75. The company’s 50 day moving average is C$13.38 and its 200 day moving average is C$12.67. The company has a quick ratio of 1.94, a current ratio of 1.77 and a debt-to-equity ratio of 126.70.

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…