Brompton Energy Split (TSE:ESP) Shares Cross Below 200-Day Moving Average – Time to Sell?

Brompton Energy Split Corp. (TSE:ESP) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$5.21 and traded as low as C$4.79. Brompton Energy Split shares last traded at C$4.79, with a volume of 3,013 shares.

Brompton Energy Split Stock Down 0.4 %

The stock’s fifty day moving average price is C$5.37 and its 200 day moving average price is C$5.21. The stock has a market cap of C$169.88 million and a P/E ratio of -69.42. The company has a current ratio of 6.82, a quick ratio of 6.67 and a debt-to-equity ratio of 12.36.

Brompton Energy Split Announces Dividend

The business also recently declared a monthly dividend, which was paid on Friday, February 14th. Stockholders of record on Friday, February 14th were issued a $0.10 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 25.05%. The ex-dividend date of this dividend was Friday, January 31st. Brompton Energy Split’s payout ratio is -1,449.28%.

Brompton Energy Split Company Profile

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.