Brompton Energy Split (TSE:ESP) Shares Down 0.5% – Here’s Why

Brompton Energy Split Corp. (TSE:ESP) shares fell 0.5% on Friday. The stock traded as low as C$5.90 and last traded at C$6.10. Approximately 13,669 shares changed hands during trading, a decline of 33% from the average session volume of 20,498 shares. The stock had previously closed at C$6.13.

Brompton Energy Split Stock Down 0.5%

The firm has a market cap of C$6.12 million, a PE ratio of 3.45 and a beta of 1.83. The company has a debt-to-equity ratio of 12.36, a quick ratio of 6.67 and a current ratio of 6.82. The company’s 50-day simple moving average is C$7.10 and its two-hundred day simple moving average is C$7.48.

About Brompton Energy Split

To provide holders of Preferred shares with fixed cumulative preferrential quarterly cash distributions and to return the original issue price on the maturity date. To provide holders of Class A shares with regular monthly cash distributions3 and the opportunity for capital appreciation. To achieve these objectives, the Fund invests in a portfolio of equity securities of at least 15 large capitalization North American oil and gas issuers selected by the Manager from the S&P 500 Index and the S&P/TSX Composite Index.