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

Brompton Split Banc Corp. (TSE:SBC)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as C$14.71 and last traded at C$14.62, with a volume of 78914 shares. The stock had previously closed at C$14.30.

Brompton Split Banc Price Performance

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 capitalization of C$393.84 million, a price-to-earnings ratio of 3.32 and a beta of 1.75. The business’s 50 day simple moving average is C$13.38 and its 200-day simple moving average is 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…