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

Brompton Split Banc logo with Financial Services background

Brompton Split Banc Corp. (TSE:SBC - Get Free Report) shares reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$10.95 and last traded at C$10.93, with a volume of 33965 shares changing hands. The stock had previously closed at C$10.78.

Brompton Split Banc Price Performance

The company has a 50 day moving average of C$10.33 and a 200-day moving average of C$9.80. The firm has a market capitalization of C$245.29 million, a P/E ratio of 9.20 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.

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...

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