Brompton Energy Split (TSE:ESP) Stock Price Crosses Below 200 Day Moving Average - Should You Sell?

Brompton Energy Split Corp. (TSE:ESP - Get Free Report)'s share price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$5.12 and traded as low as C$4.61. Brompton Energy Split shares last traded at C$4.65, with a volume of 7,742 shares changing hands.

Brompton Energy Split Price Performance

The business's 50-day simple moving average is C$4.73 and its 200 day simple moving average is C$5.12. The company has a market capitalization of C$164.91 million and a P/E ratio of -67.39. 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 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.

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