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

Key Points

• Brompton Split Banc Corp. (TSE:SBC) has reached a new 52-week high, trading as high as C$12.87 on recent trading, although it closed slightly lower at C$12.78.
• The company's financial metrics display a debt-to-equity ratio of 126.70, with a market cap of C$295.04 million and a price-to-earnings ratio of 2.49.
• Investment objectives for Brompton's shares include providing regular monthly cash distributions for Class A Shares targeted at 13.2% per annum.

Brompton Split Banc Corp. (TSE:SBC - ) hit a new 52-week high during trading on Monday . The stock traded as high as C$12.87 and last traded at C$12.78, with a volume of 36671 shares trading hands. The stock had previously closed at C$12.98.

Brompton Split Banc Trading Down 1.6%

The company has a debt-to-equity ratio of 126.70, a current ratio of 1.77 and a quick ratio of 1.94. The company has a market cap of C$295.04 million, a price-to-earnings ratio of 2.49 and a beta of 1.53. The business's 50-day simple moving average is C$11.50 and its 200-day simple moving average is C$10.33.

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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