Brompton Split Banc (TSE:SBC) Trading Up 0.6% - What's Next?

Key Points

• Brompton Split Banc Corp. (TSE:SBC) shares rose by 0.6%, closing at C$11.14, with a notable decrease in trading volume of 43% compared to the average.
• The company maintains a market capitalization of C$250 million and exhibits a P/E ratio of 9.37, indicating a relatively low valuation for investors.
• Preferred Shares aim to provide fixed cumulative cash distributions, while Class A Shares target monthly distributions of at least C$0.10, reflecting a 13.2% annual yield.

Brompton Split Banc Corp. (TSE:SBC - )'s share price was up 0.6% on Tuesday . The stock traded as high as C$11.19 and last traded at C$11.14. Approximately 15,415 shares changed hands during trading, a decline of 43% from the average daily volume of 27,273 shares. The stock had previously closed at C$11.07.

Brompton Split Banc Stock Up 0.6%

The company's 50 day moving average price is C$10.67 and its two-hundred day moving average price is C$9.92. The company has a quick ratio of 1.94, a current ratio of 1.77 and a debt-to-equity ratio of 126.70. The stock has a market cap of C$250.00 million, a P/E ratio of 9.37 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...

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