Brompton Split Banc (TSE:SBC) Hits New 1-Year High – Still a Buy?

Brompton Split Banc Corp. (TSE:SBC)’s share price hit a new 52-week high during trading on Tuesday . The company traded as high as C$13.77 and last traded at C$13.77, with a volume of 26507 shares trading hands. The stock had previously closed at C$13.58.

Brompton Split Banc Stock Performance

The company has a quick ratio of 1.94, a current ratio of 2.43 and a debt-to-equity ratio of 71.59. The company has a market cap of C$447.32 million, a P/E ratio of 3.77 and a beta of 0.44. The business has a fifty day moving average of C$12.13 and a 200 day moving average of C$12.67.

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…