Brompton Split Banc (TSE:SBC) Share Price Passes Below Fifty Day Moving Average - Here's Why

Brompton Split Banc Corp. (TSE:SBC - Get Free Report)'s share price passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$9.64 and traded as low as C$8.85. Brompton Split Banc shares last traded at C$8.92, with a volume of 29,994 shares traded.

Brompton Split Banc Trading Down 2.8 %

The business's 50 day simple moving average is C$9.56 and its 200 day simple moving average is C$9.93. The company has a debt-to-equity ratio of 126.70, a current ratio of 1.77 and a quick ratio of 1.94. The company has a market capitalization of C$194.80 million, a price-to-earnings ratio of 7.30 and a beta of 1.51.

Insider Buying and Selling at Brompton Split Banc

In other Brompton Split Banc news, Director Brompton Corp. sold 5,500 shares of the business's stock in a transaction that occurred on Friday, January 24th. The stock was sold at an average price of C$11.02, for a total transaction of C$60,621.00. In the last ninety days, insiders have sold 17,900 shares of company stock worth $198,593.

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...