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Brompton Split Banc (TSE:SBC) Reaches New 52-Week High - Time to Buy?

Brompton Split Banc logo with Financial Services background

Brompton Split Banc Corp. (TSE:SBC - Get Free Report)'s share price reached a new 52-week high during trading on Friday . The company traded as high as C$10.63 and last traded at C$10.49, with a volume of 37852 shares. The stock had previously closed at C$10.49.

Brompton Split Banc Stock Up 2.0%

The company has a debt-to-equity ratio of 126.70, a quick ratio of 1.94 and a current ratio of 1.77. The firm's 50 day moving average price is C$9.95 and its two-hundred day moving average price is C$9.72. The company has a market cap of C$237.88 million, a P/E ratio of 8.92 and a beta of 1.51.

About Brompton Split Banc

(Get Free Report)

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...

Further Reading

Should You Invest $1,000 in Brompton Split Banc Right Now?

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