Brompton Split Banc (TSE:SBC) Reaches New 1-Year High - Should You Buy?

Key Points

• Brompton Split Banc Corp. reached a new 52-week high on Tuesday, trading at C$11.18 after hitting a peak of C$11.15 with a volume of 9,215 shares exchanged.
• The company has a market capitalization of C$250 million and a P/E ratio of 9.37, indicating strong performance relative to its earnings.
• Investment objectives for its shares include a targeted yield of 13.2% per annum for Class A Shares, along with fixed cumulative cash distributions for Preferred Shares.

Brompton Split Banc Corp. (TSE:SBC - Get Free Report)'s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as C$11.15 and last traded at C$11.18, with a volume of 9215 shares traded. The stock had previously closed at C$11.07.

Brompton Split Banc Trading Up 0.5%

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 company has a 50-day simple moving average of C$10.74 and a 200 day simple moving average of C$9.94. The firm has a market cap of C$255.84 million, a PE ratio of 9.59 and a beta of 1.51.

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...