Brompton Split Banc (TSE:SBC) Stock Passes Below Fifty Day Moving Average – What’s Next?

Brompton Split Banc Corp. (TSE:SBC) crossed 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.

Brompton Split Banc Stock Down 1.0 %

The firm has a 50 day simple moving average of C$9.64 and a two-hundred day simple moving average of C$9.95. The company has a quick ratio of 1.94, a current ratio of 1.77 and a debt-to-equity ratio of 126.70. The stock has a market capitalization of C$200.18 million, a P/E ratio of 7.51 and a beta of 1.51.

Insider Buying and Selling

In related news, Director Brompton Corp. sold 2,400 shares of Brompton Split Banc stock in a transaction that occurred on Thursday, January 30th. The shares were sold at an average price of C$11.03, for a total transaction of C$26,472.00. Insiders sold a total of 17,900 shares of company stock worth $198,593 in the last ninety days.

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…