Brompton Split Banc (TSE:SBC) Trading 1.7% Higher – What’s Next?

Brompton Split Banc Corp. (TSE:SBC)’s stock price was up 1.7% on Monday . The stock traded as high as C$9.40 and last traded at C$9.38. Approximately 37,210 shares were traded during mid-day trading, an increase of 44% from the average daily volume of 25,828 shares. The stock had previously closed at C$9.22.

Brompton Split Banc Stock Up 1.7 %

The company has a current ratio of 1.77, a quick ratio of 1.94 and a debt-to-equity ratio of 126.70. The business’s 50-day simple moving average is C$9.73 and its 200-day simple moving average is C$9.95. The company has a market capitalization of C$210.51 million, a PE ratio of 7.89 and a beta of 1.51.

Insider Buying and Selling

In other news, Director Brompton Corp. sold 5,500 shares of the company’s stock in a transaction dated Friday, January 24th. The stock was sold at an average price of C$11.02, for a total value of C$60,621.00. Insiders sold a total of 17,900 shares of company stock valued at $198,593 over the last 90 days.

About Brompton Split Banc

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…