Brompton Split Banc (TSE:SBC) Sets New 12-Month High - Time to Buy?

Key Points

• Brompton Split Banc (TSE:SBC) hit a new 52-week high of C$13.45 (last C$13.41) on volume of 88,895 shares, trading above its 50-day (C$11.99) and 200-day (C$12.69) moving averages.
• The stock shows a low valuation and low volatility, with a market cap of C$434.34M, a PE ratio of 3.66 and a beta of 0.44.
• The fund is income-focused: Preferred shares pay fixed cumulative quarterly distributions and return issue price at maturity, while Class A shares target monthly distributions of at least $0.10 (a 13.2% annual yield on the issue price) plus NAV growth potential.

Brompton Split Banc Corp. (TSE:SBC - ) shares hit a new 52-week high on Wednesday . The stock traded as high as C$13.45 and last traded at C$13.41, with a volume of 88895 shares trading hands. The stock had previously closed at C$12.99.

Brompton Split Banc Stock Performance

The stock has a market capitalization of C$434.34 million, a PE ratio of 3.66 and a beta of 0.44. The business's 50 day moving average is C$11.99 and its 200 day moving average is C$12.69. The company has a current ratio of 2.43, a quick ratio of 1.94 and a debt-to-equity ratio of 71.59.

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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