Brompton Energy Split (TSE:ESP) Stock Passes Below 200-Day Moving Average - Here's What Happened

Brompton Energy Split Corp. (TSE:ESP - Get Free Report) crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$5.34 and traded as low as C$5.03. Brompton Energy Split shares last traded at C$5.03, with a volume of 2,800 shares.

Brompton Energy Split Trading Down 9.4 %

The firm has a market cap of C$153.21 million and a price-to-earnings ratio of -62.61. The business has a 50 day moving average of C$5.18 and a 200 day moving average of C$5.38. The company has a quick ratio of 6.67, a current ratio of 6.82 and a debt-to-equity ratio of 12.36.

Brompton Energy Split Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Friday, February 14th. Stockholders of record on Friday, February 14th were given a $0.10 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 27.78%. The ex-dividend date of this dividend was Friday, January 31st. Brompton Energy Split's dividend payout ratio is presently -1,449.28%.

About Brompton Energy Split

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.