Brompton Split Banc (TSE:SBC) Stock Price Up 4% - What's Next?

Key Points

• Brompton Split Banc Corp. (TSE:SBC) experienced a stock price increase of 4% during mid-day trading, reaching a high of C$13.61 before closing at C$13.41.
• The trading volume surged by 344% from the average daily volume, with approximately 121,150 shares changing hands.
• The company has significant financial metrics, including a debt-to-equity ratio of 126.70 and a market capitalization of C$309.82 million.

Brompton Split Banc Corp. (TSE:SBC - )'s stock price rose 4% during mid-day trading on Tuesday . The stock traded as high as C$13.61 and last traded at C$13.41. Approximately 121,150 shares changed hands during mid-day trading, an increase of 344% from the average daily volume of 27,299 shares. The stock had previously closed at C$12.90.

Brompton Split Banc Price Performance

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 firm has a market capitalization of C$309.82 million, a PE ratio of 2.61 and a beta of 1.57. The firm has a 50-day simple moving average of C$11.95 and a 200-day simple moving average of C$10.62.

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...

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.