Brompton Energy Split (TSE:ESP) Stock Price Crosses Below 200 Day Moving Average – Should You Sell?

Shares of Brompton Energy Split Corp. (TSE:ESP) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$5.23 and traded as low as C$4.88. Brompton Energy Split shares last traded at C$4.90, with a volume of 1,504 shares traded.

Brompton Energy Split Price Performance

The firm’s fifty day moving average price is C$5.28 and its 200 day moving average price is C$5.23. The company has a quick ratio of 6.67, a current ratio of 6.82 and a debt-to-equity ratio of 12.36. The stock has a market cap of C$173.78 million and a PE ratio of -71.01.

Brompton Energy Split Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, February 14th. Investors of record on Friday, February 14th were given a $0.10 dividend. This represents a $1.20 annualized dividend and a yield of 24.49%. The ex-dividend date of this dividend was Friday, January 31st. Brompton Energy Split’s dividend payout ratio is presently -1,449.28%.

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.