Brompton Split Banc (TSE:SBC) Reaches New 1-Year High – Here’s Why

Brompton Split Banc Corp. (TSE:SBC) reached a new 52-week high on Wednesday . The company traded as high as C$13.63 and last traded at C$13.46, with a volume of 14016 shares. The stock had previously closed at C$13.51.

Brompton Split Banc Stock Down 0.9%

The company has a market cap of C$440.51 million, a price-to-earnings ratio of 3.72 and a beta of 0.44. The company has a current ratio of 2.43, a quick ratio of 1.94 and a debt-to-equity ratio of 71.59. The business has a fifty day moving average of C$12.07 and a two-hundred day moving average of C$12.66.

About Brompton Split Banc

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…