Brompton Energy Split (TSE:ESP) Reaches New 1-Year High – Still a Buy?

Brompton Energy Split Corp. (TSE:ESPGet Free Report) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as C$6.52 and last traded at C$6.55, with a volume of 118476 shares. The stock had previously closed at C$6.06.

Brompton Energy Split Stock Performance

The firm has a market capitalization of C$6.56 million, a PE ratio of 3.69 and a beta of 1.83. The company has a debt-to-equity ratio of 12.36, a quick ratio of 6.67 and a current ratio of 6.82. The firm’s 50 day moving average price is C$5.32 and its 200-day moving average price is C$4.72.

Brompton Energy Split Company Profile

(Get Free Report)

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.

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