Brompton Energy Split (TSE:ESP) Sets New 52-Week High – Should You Buy?

Brompton Energy Split Corp. (TSE:ESP)’s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as C$8.10 and last traded at C$7.11, with a volume of 28974 shares trading hands. The stock had previously closed at C$7.77.

Brompton Energy Split Price Performance

The company has a quick ratio of 6.67, a current ratio of 6.82 and a debt-to-equity ratio of 12.36. The firm has a market cap of C$7.51 million, a PE ratio of 4.23 and a beta of 1.83. The firm’s fifty day simple moving average is C$6.39 and its two-hundred day simple moving average is C$5.32.

Brompton Energy Split Company Profile

To provide holders of Preferred shares with fixed cumulative preferrential quarterly cash distributions and to return the original issue price on the maturity date. To provide holders of Class A shares with regular monthly cash distributions3 and the opportunity for capital appreciation. To achieve these objectives, the Fund invests in a portfolio of equity securities of at least 15 large capitalization North American oil and gas issuers selected by the Manager from the S&P 500 Index and the S&P/TSX Composite Index.