Brompton Split Banc (TSE:SBC) Reaches New 52-Week High – Here’s Why

Brompton Split Banc Corp. (TSE:SBC)’s share price reached a new 52-week high on Monday . The stock traded as high as C$15.08 and last traded at C$14.77, with a volume of 32130 shares traded. The stock had previously closed at C$14.61.

Brompton Split Banc Trading Up 0.9%

The firm has a 50 day simple moving average of C$12.36 and a 200 day simple moving average of C$12.74. 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 firm has a market capitalization of C$478.14 million, a PE ratio of 4.03 and a beta of 0.44.

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…