Brompton Split Banc (TSE:SBC) Reaches New 52-Week High - What's Next?

Key Points

• Brompton Split Banc Corp. (TSE:SBC) reached a new 52-week high of C$12.27 during trading, with a total of 13,590 shares traded.
• The company has a market capitalization of C$283.49 million and a price-to-earnings ratio of 2.39, indicating strong valuation metrics.
• Brompton Split Banc aims to provide regular monthly cash distributions of at least $0.10 per Class A Share, targeting a 13.2% annual yield for its investors.

Brompton Split Banc Corp. (TSE:SBC - )'s stock price hit a new 52-week high during trading on Wednesday . The stock traded as high as C$12.27 and last traded at C$12.27, with a volume of 13590 shares traded. The stock had previously closed at C$12.15.

Brompton Split Banc Price Performance

The company has a market capitalization of C$283.49 million, a price-to-earnings ratio of 2.39 and a beta of 1.53. The company has a quick ratio of 1.94, a current ratio of 1.77 and a debt-to-equity ratio of 126.70. The company has a 50 day simple moving average of C$11.21 and a 200 day simple moving average of C$10.17.

Brompton Split Banc Company Profile

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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