Brompton Split Banc (TSE:SBC) Sets New 52-Week High – What’s Next?

Brompton Split Banc Corp. (TSE:SBC)’s share price hit a new 52-week high on Friday . The stock traded as high as C$15.22 and last traded at C$15.10, with a volume of 39584 shares. The stock had previously closed at C$14.89.

Brompton Split Banc Stock Up 2.1%

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’s 50 day simple moving average is C$13.33 and its two-hundred day simple moving average is C$12.98. The firm has a market cap of C$493.06 million, a price-to-earnings ratio of 3.05 and a beta of 2.24.

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…