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

Brompton Split Banc Corp. (TSE:SBC)’s share price reached a new 52-week high during trading on Monday . The company traded as high as C$15.07 and last traded at C$14.90, with a volume of 21872 shares traded. The stock had previously closed at C$14.98.

Brompton Split Banc Stock Up 2.6%

The stock has a fifty day moving average price of C$13.58 and a 200-day moving average price of C$12.83. The firm has a market cap of C$416.50 million, a PE ratio of 3.51 and a beta of 1.75. The company has a debt-to-equity ratio of 126.70, a quick ratio of 1.94 and a current ratio of 1.77.

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…