Brompton Split Banc (TSE:SBC) Trading 0.4% Higher - Here's Why

Shares of Brompton Split Banc Corp. (TSE:SBC - Get Free Report) rose 0.4% during trading on Tuesday . The company traded as high as C$10.33 and last traded at C$10.32. Approximately 15,916 shares traded hands during mid-day trading, a decline of 45% from the average daily volume of 29,176 shares. The stock had previously closed at C$10.28.

Brompton Split Banc Price Performance

The firm has a market cap of C$229.13 million, a P/E ratio of 8.59 and a beta of 1.51. 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's 50-day moving average is C$9.53 and its two-hundred day moving average is C$9.73.

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...