Brompton Split Banc (TSE:SBC) Sets New 1-Year High – Here’s Why

Brompton Split Banc Corp. (TSE:SBC)’s stock price reached a new 52-week high on Friday . The stock traded as high as C$10.63 and last traded at C$10.49, with a volume of 37852 shares changing hands. The stock had previously closed at C$10.49.

Brompton Split Banc Stock Performance

The stock has a market cap of C$235.42 million, a PE ratio of 8.83 and a beta of 1.51. The company has a current ratio of 1.77, a quick ratio of 1.94 and a debt-to-equity ratio of 126.70. The firm has a fifty day simple moving average of C$9.95 and a two-hundred day simple moving average of C$9.73.

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…