Brompton Energy Split (TSE:ESP) Share Price Crosses Below 200-Day Moving Average - Here's Why

Brompton Energy Split Corp. (TSE:ESP - Get Free Report) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$5.19 and traded as low as C$4.77. Brompton Energy Split shares last traded at C$4.77, with a volume of 18,200 shares changing hands.

Brompton Energy Split Stock Up 0.2%

The company has a market capitalization of C$172.71 million and a price-to-earnings ratio of -70.58. The business's 50-day moving average is C$4.71 and its 200-day moving average is C$5.19. The company has a quick ratio of 6.67, a current ratio of 6.82 and a debt-to-equity ratio of 12.36.

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.