Brompton Split Banc (TSE:SBC) Stock Price Down 2.6% – Here’s What Happened

Shares of Brompton Split Banc Corp. (TSE:SBC) fell 2.6% during trading on Friday . The company traded as low as C$10.59 and last traded at C$10.69. 82,517 shares traded hands during trading, an increase of 39% from the average session volume of 59,243 shares. The stock had previously closed at C$10.97.

Brompton Split Banc Stock Performance

The stock has a market capitalization of C$346.76 million, a price-to-earnings ratio of 2.93 and a beta of 0.17. The company’s fifty day simple moving average is C$12.78 and its 200 day simple moving average is C$12.79. The company has a quick ratio of 1.94, a current ratio of 2.43 and a debt-to-equity ratio of 71.59.

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…