Brompton Energy Split (TSE:ESP) Hits New 1-Year High – What’s Next?

Brompton Energy Split Corp. (TSE:ESP) shares reached a new 52-week high during mid-day trading on Monday . The stock traded as high as C$7.88 and last traded at C$7.76, with a volume of 7121 shares changing hands. The stock had previously closed at C$7.37.

Brompton Energy Split Stock Up 4.1%

The company has a market capitalization of C$7.69 million, a P/E ratio of 4.33 and a beta of 1.83. The firm’s 50 day moving average price is C$5.77 and its two-hundred day moving average price is C$5.01. The company has a current ratio of 6.82, a quick ratio of 6.67 and a debt-to-equity ratio of 12.36.

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.