Brompton Split Banc (TSE:SBC) Trading Up 0.7% – Still a Buy?

Brompton Split Banc Corp. (TSE:SBCGet Free Report) was up 0.7% on Monday . The stock traded as high as C$13.69 and last traded at C$13.60. Approximately 40,876 shares changed hands during mid-day trading, an increase of 15% from the average daily volume of 35,480 shares. The stock had previously closed at C$13.50.

Brompton Split Banc Stock Up 0.7%

The firm has a fifty day moving average of C$12.90 and a 200-day moving average of C$12.38. 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 firm has a market cap of C$367.62 million, a P/E ratio of 3.10 and a beta of 1.70.

About Brompton Split Banc

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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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