Brompton Split Banc (TSE:SBC) Trading Up 1% - Here's Why

Brompton Split Banc Corp. (TSE:SBC - Get Free Report) shares rose 1% during trading on Tuesday . The stock traded as high as C$10.60 and last traded at C$10.60. Approximately 19,213 shares changed hands during trading, a decline of 32% from the average daily volume of 28,410 shares. The stock had previously closed at C$10.49.

Brompton Split Banc Trading Down 0.3%

The company has a debt-to-equity ratio of 126.70, a quick ratio of 1.94 and a current ratio of 1.77. The company has a 50 day moving average of C$10.02 and a 200 day moving average of C$9.73. The stock has a market capitalization of C$237.21 million, a price-to-earnings ratio of 8.89 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...