Brompton Energy Split (TSE:ESP) Sets New 1-Year High – Should You Buy?

Brompton Energy Split Corp. (TSE:ESP)’s share price hit a new 52-week high on Wednesday . The stock traded as high as C$6.52 and last traded at C$6.55, with a volume of 118476 shares trading hands. The stock had previously closed at C$6.06.

Brompton Energy Split Stock Performance

The company has a debt-to-equity ratio of 12.36, a current ratio of 6.82 and a quick ratio of 6.67. The firm has a market cap of C$6.55 million, a P/E ratio of 3.69 and a beta of 1.83. The stock’s 50 day moving average is C$5.43 and its two-hundred day moving average is C$4.76.

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.