Brompton Split Banc (TSE:SBC) Hits New 12-Month High - Should You Buy?

Key Points

• Brompton Split Banc Corp. (TSE:SBC) shares reached a new 12-month high, trading at C$13.74 before closing at C$13.63 with a trading volume of 56,598 shares.
• The company has a market capitalization of C$313.75 million and a low price-to-earnings ratio of 2.65, indicating potential valuation attractiveness.
• Brompton Split Banc aims to provide holders of Preferred Shares with fixed cumulative cash distributions and targets a yield of 13.2% per annum for Class A Shares.

Brompton Split Banc Corp. (TSE:SBC - ) shares hit a new 52-week high during trading on Thursday . The stock traded as high as C$13.74 and last traded at C$13.63, with a volume of 56598 shares. The stock had previously closed at C$13.68.

Brompton Split Banc Trading Down 0.7%

The company has a market cap of C$313.75 million, a price-to-earnings ratio of 2.65 and a beta of 1.57. 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 50-day moving average price of C$12.06 and a 200 day moving average price of C$10.67.

About Brompton Split Banc

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...

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