Brompton Energy Split (TSE:ESP) Share Price Crosses Above Fifty Day Moving Average – Time to Sell?

Brompton Energy Split Corp. (TSE:ESP)’s share price passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of C$5.67 and traded as high as C$7.05. Brompton Energy Split shares last traded at C$6.85, with a volume of 12,688 shares trading hands.

Brompton Energy Split Trading Up 0.7%

The company has a 50 day simple moving average of C$5.69 and a 200 day simple moving average of C$4.95. The company has a market capitalization of C$6.92 million, a PE ratio of 3.90 and a beta of 1.83. The company has a debt-to-equity ratio of 12.36, a quick ratio of 6.67 and a current ratio of 6.82.

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.